| Market Research A to Z | Company Profiles A to Z | Register | Contact Us |
| +44 (0) 203 086 8600 Call us on |
Malaysia Tourism Report Q3 2009
Market |
Travel |
Report Type |
Market Research |
Country |
Malaysia |
Published |
17 July 2009 |
Number of Pages |
59 |
Download |
|
Immediate |
|
Publisher |
Business Monitor International |
Malaysia seeks growth in health tourism
Steady start to 2009 arrivals Tourist arrivals to Malaysia were up slightly over the first quarter of 2009, at 5,460,184. March was a particularly strong month for tourist arrivals, with arrivals from Brunei up by 61.8% and Iran up by 47.4%.
Despite the steady start to visitor arrivals in 2009, BMI remains downbeat on the near-term outlook for Malaysia’s tourism sector. We share the caution of Prime Minister Najib Tun Razak (who is also Minister of Finance), who has said he expects tourist arrivals to fall by at least 9% this year due to the global economic slowdown and ongoing regional security concerns. We now have to add swine flu (the H1N1 virus) to this list of potential threats. BMI shares Najib’s caution and we have downgraded our forecast for this year’s tourist arrivals accordingly during the first quarter.
Focus on health tourism In June 2009, state news agency Bernama reported that the Malaysia Tourism Promotion Board (MTPB, Tourism Malaysia) is embarking on a three-year project to collect market data on health tourism, as the country seeks to increase the number of people visiting the country for medical treatment.
The same month, a report by Travel & Tourism News Middle East underlined the increasing importance the state is giving to health tourism. The report quotes Minister of Health Datuk Seri Liow Tiong Lai as saying that health tourism generated about US$85mn in revenue over 2008 and treated 370,000 foreign patients. The government is expected to draw up a proper legal framework to regulate the health tourism industry soon.
Challenging Operating Environment For Tourism Companies The current global economic slowdown is providing a challenging backdrop for companies operating within the Malaysian tourism industry at present. Hotel occupancy rates across the country are falling and domestic airline Malaysia Airlines recently posted its first operational loss since 2006.
Although BMI has already taken steps to downgrade its forecasts for tourist arrivals and revenues for 2009, we will continue to monitor the situation in Malaysia to see if any further changes to our forecasts are necessary.
Addition Of Coverage On Swine Flu In May 2009, Malaysia confirmed its first case of swine flu (the H1N1 virus). To that end, BMI has added coverage of swine flu to our existing coverage of avian flu. More information can be found on pages 39-40 of this report.
Last Viewed
Malaysia Tourism Report Q3 2009Incontinence Products in Russia
The Linerless Label Market 2009
Packaging Equipment Machinery Report
Ceramic Capacitors - World Review
Become an Affiliate
Do you manage an industry specific website or blog? Are you looking to monetise your web traffic further? Are you a B2B website?
Why not offer your visitors industry specific strategic market reports and company profiles? Our Affiliate Program enables you to provide quality content on your website and to earn money from passing on visitors to our website. If a sale is made from your visitor, you earn commission (a fixed percentage of the price of a product).
Custom Research
Cannot find what you need? We can tailor a report for you. Complete the Custom Research Form and we will provide a quote.
News
Miles & More and Regus partnership to offer ‘rewarding’ working solutions for business travellers
Rezidor Hotel Group advises of strong market recovery in Q1
Rolls-Royce to provide nine engines and a $450 million services contract for Norwegian’s Dreamliners
International Airlines Group Books a Profit, Monitoring Fuel Costs
TUI Travel & Intrepid Travel Join Forces; To Target Adventure Tourists
