Malaysia Tourism Report - Business Monitor International - Industry Reports

Malaysia Tourism Report

Malaysia Tourism Report - Business Monitor International - Industry Reports
Malaysia Tourism Report
Published Jul 02, 2016
33 pages — Published Jul 02, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Total Arrivals (---------) Total arrivals, --- Total arrivals, ---, y-o-y ---- ----e ----e ----f ----f ----f ----f ----f - --,--- --,--- --,--- --,--- --,--- - - - - e/f = BMI estimate/forecast. Source: National sources, BMI As we would expect, arrivals from the Asia Pacific region dominate the inbound tourism market in Malaysia and are expected to account for --.-mn visitors out of the total --.-mn in ----, following growth of -.- on the ---- level. ...Total Arrivals (---------) Total arrivals, --- Total arrivals, ---, y-o-y ---- ----e ----e ----f ----f ----f ----f ----f - --,--- --,--- --,--- --,--- --,--- - - - - e/f = BMI estimate/forecast. Source: National sources, BMI As we would expect, arrivals from the Asia Pacific region dominate the inbound tourism market in Malaysia and are expected to account for --.-mn visitors out of the total --.-mn in ----, following growth of -.- on the ---- level. By ----, arrivals from this region are expected to increase to --.-mn. ...Malaysia is easily accessible from Singapore - visitors can take a short rail journey across the connecting bridge, a multitude of ferry connections or one of the many air connections including budget airlines. Similarly Indonesia, the second largest source market,

...Malaysia offers a diverse range of tourist attractions, from the picturesque beaches of Penang through to jungle lodges in Malaysian Borneo and the city attractions of Kuala Lumpur. The country is also home to several UNESCO World Heritage Sites, giving it broad appeal in a highly competitive region, though in previous years it has lost out to countries such as Thailand, which has a more established reputation in major European source markets. ...Standards of corporate governance have improved greatly in recent years (Malaysia is ranked --th globally in the World Bank Ease of Doing Business rankings in ----), more so than in many neighbouring countries, but there are still bureaucratic barriers to foreign investment. While foreign companies will continue to be welcomed, with the government offering numerous incentives to attract foreign direct investment, Malaysia s affirmative action policy, which aims to redistribute wealth in favour of ethnic Malays, is a serious barrier to foreign firms in a number of key areas. Additionally, doing business in Malaysia will always, to some extent, mean dealing with the politically well connected, and despite substantial government efforts to crack down on bribery, corruption remains a key concern. ...While foreign companies will continue to be welcomed, with the government offering numerous incentives to attract foreign direct investment, Malaysia s affirmative action policy, which aims to redistribute wealth in favour of ethnic Malays, is a serious barrier to foreign firms in a number of key areas. Additionally, doing business in Malaysia will always, to some extent, mean dealing with the politically well connected, and despite substantial government efforts to crack down on bribery, corruption remains a key concern.

...Malaysia has seen strong growth in inbound arrivals over recent years and managed to avoid the worst of the global recession, although the rate of growth slowed between ---- and ---- as the credit crunch continued to affect long-haul travel from outside the Asia Pacific region and domestic security concerns deterred potential visitors. These declines were largely offset by healthy growth in ----, when arrivals remained robust despite several high-profile air travel disasters that saw declines from some key markets. ...

  
Source:
Document ID
1747-8944
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Malaysia Tourism Report" Jul 02, 2016. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Malaysia-Tourism-Report-2026-2633>
  
APA:
Business Monitor International - Industry Reports. (2016). Malaysia Tourism Report Jul 02, 2016. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Malaysia-Tourism-Report-2026-2633>
  
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