Malaysia is one of the most popular tourist destinations in the ASEAN region. Despite the global economic slowdown, it received around 22 Million international tourists in 2008, an increase of around 5% over the previous year (2007). Singapore, Indonesia and Thailand are important sources of visitors for the country.
According to our new research report “Malaysian Tourism Industry Forecast to 2012”, international tourist arrivals in Malaysia will grow at a CAGR of around 9% during 2009-2012, and tourism receipts from overseas tourists are expected to rise at a CAGR of around 10% to RM 70 Billion (US$ 19.6 Billion) in the same period. Apart from the ASEAN countries, tourist arrivals from China, India and the Middle East will strongly grow during the forecast period (2009-2012).
The Malaysian tourism industry will continue to grow rapidly in coming years on the back of increasing promotional activities by the government and growing reputation of the country as a shopping hub.
Our report provides an insight in the Malaysian tourism industry and studies its past, present and future scenario. It offers a detailed study of the forces driving the industry and discusses key factors making Malaysia a potential tourism destination. Our report also contains extensive information (analysis and statistical data) of various industrial parameters that help clients to analyze opportunities critical for their success in the Malaysian tourism industry.
With focus on various segments, including inbound tourism, outbound tourism, expenditure by inbound tourists, medical tourism, MICE and hotel industry, the report gives a thorough analysis of the tourism industry in Malaysia. Our report also includes industry forecast and estimates along with detailed information about key players operating in the Malaysian tourism industry.
