Malaysia Tourism Receipts Set to Grow at 8% CAGR by 2013 by:Shushmul Maheshwari
According to our latest report "Malaysian Tourism Industry Forecast to 2012", Malaysia has emerged as one of the most popular tourist destinations in the ASEAN region because of its cultural diversity, tradition and history, and natural beauty. Despite global economic slowdown and rising concern of H1N1 flu, the country experienced increase in international tourist arrivals. Moreover, with rising government initiatives and increasing promotional activities the international tourist receipts in the country is expected to surge at a CAGR of around 8% during the forecast period (2011-2013).
The Malaysian tourism industry is a key income generator for the country. It is the second highest national income generator after the manufacturing industry. In present scenario, tourist arrivals from different geographical destinations are increasingly getting attracted towards various Malaysian domestic tourism destinations, on the back of different factors discussed in the report. With rising government investments in infrastructural projects, attractive luxury destination, and stress on food sector, the tourist receipts is expected to grow further in coming years. Apart from this, the report covers extensive information about the country's medical tourism industry and healthcare infrastructure.
Our report provides a deep insight into the Malaysian tourism industry and studies its past, present, and future scenario. It offers a detail study of the forces driving the industry and discusses key market trends prevailing in the industry that are making Malaysia a potential tourism destination. Our report also contains extensive information (analysis and statistical data) of various industrial parameters that will help clients to analyze opportunities critical for their success in the Malaysian tourism industry.
"Malaysian Tourism Industry Forecast to 2012" provides in-depth analysis of the present status and future prospects of the Malaysian tourism industry. It thoroughly studies various parameters of the industry, such as, inbound & outbound tourism, expenditure by inbound & outbound tourists, type of tourism, accommodation facilities, medical tourism, and MICE industry. The report also provides strategic insight to clients to evaluate opportunities critical for their success in the Malaysian tourism industry. Due consideration has been given to competitive landscape to enable clients understand present market structure and future growth prospects.
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