Malaysia Travel & Tourism Market Trends & Business Analysis Report to 2019
Market Report Store adds new report "Travel and Tourism in Malaysia to 2019" in its database. The report brings together research, modeling, and analysis expertise in order to develop uniquely detailed market data. This allows domestic and foreign companies to identify the market dynamics and discover which segments will see growth in the coming years.
Dallas, May 19, 2015 (Newswire.com) - Travel and Tourism in Malaysia to 2019 provides detailed information on the Malaysian tourism sector, analyzing market data and providing insights. This report provides a better understanding of tourism flows, tourist expenditure, airlines, hotels, car rental, and travel intermediaries industries. The Malaysian Travel and Tourism sector performed well during the historic period (2010-2014), with significant growth recorded in both domestic and international tourist volumes. The expects growth to continue over the forecast period (2015-2019), driven by government initiatives to promote medical tourism, education tourism, sport tourism, and the country as a destination for retirees International arrivals to Malaysia increased at a Compound Annual Growth Rate (CAGR) of 3.5% during the historic period and total inbound tourist expenditure increased at a CAGR of 7.38%. A significant increase in medical tourists mainly from Gulf Cooperation Council (GCC), growth in the number of retirees opting for Malaysia as a retirement destination, and initiatives undertaken to attract golf lovers with varied golfing opportunities as well as students for educational purpose contributed to this robust growth.
Complete report is available @ http://marketreportsstore.com/travel-and-tourism-in-malaysia-to-2019/ .
The report brings together research, modeling, and analysis expertise in order to develop uniquely detailed market data. This allows domestic and foreign companies to identify the market dynamics and discover which segments will see growth in the coming years.
Ritesh Tiwari, Manager
Synopsis
The report provides detailed Malaysian Travel & Tourism market analysis, information, and insights, including: Historic and forecast tourist volumes covering the entire Malaysian Travel and Tourism sector Detailed analysis of tourist spending patterns in Malaysia for various categories in the Travel and Tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries, and others Detailed market classification across each category, with analysis using similar metrics Detailed analysis of the airline, hotel, car rental, and travel intermediaries industries
Key Findings
Domestic tourism increased at a CAGR of 13.11% during the historic period while domestic expenditure represented a CAGR of 19.44%. Growth was driven by increased household income, efforts by the Ministry of Tourism and Culture and Malaysian Association of Tours and Travel Agents (MATTA) to promote domestic tourism such as hosting fairs and exhibitions, and the availability of Low Cost Carriers (LCCs) such as Lion Air and AirAsia. Outbound tourism grew at a CAGR of 5.56% during the historic period. Thailand was the most popular destination for outbound tourism with 3.3 million tourists traveling in 2014, followed by Singapore with1.5 million tourists. Three major accidents were witnessed in the Malaysian aviation industry in 2014. Malaysian flight MH370 disappeared in March 2014 and flight MH17 was shot down on July 17, 2014 in eastern Ukraine claiming the lives of all 298 passengers on board. Indonesia Air Asia Flight 8501 crashed in the Java Sea on December 28, 2014, killing 155 passengers on board. As a result of these tragedies, Malaysian Aviation recorded huge losses: Malaysia Airlines' losses increased to MYR1.3 billion (US$409 million) in the first nine months of 2014 compared toMYR827million (US$265million) for the same period in the previous year
Purchase a copy of this report @ http://marketreportsstore.com/purchase?rname=33414
Table of Contents
1 Executive Summary
1.1 Key Trends and Issues
1.1.1 Growing medical tourism
1.1.2 Malaysia as a top retirement destination
1.1.3 Setback for Aviation industry
2 Travel and Tourism Sector In Context
2.1 Tourist Attractions
3 Country Fact Sheet
4 Tourism Flows
4.1 The Market
4.1.1 Domestic tourism
4.1.2 Inbound tourism
4.1.3 Outbound tourism
5 Airlines
5.1 The Market
5.2 Key Developments
6 Hotels
6.1 The Market
6.2 Key Developments
7 Car Rental
7.1 The Market
7.2 Key Developments
8 Travel Intermediaries
8.1 The Industry
8.2 Key Developments
9 Tourism Board Profile
9.1 Tourist Board Description
9.2 Target Market
10 Airport Profiles
10.1 Malaysia Airports
10.2 Overview
11 Company Profiles - Airlines
11.1 Company Profile: Malaysian Airline System Berhad
11.1.1 Malaysian Airline System Berhad - company overview
11.1.2 Malaysian Airline System Berhad - business description
11.1.3 Malaysian Airline System Berhad - main services and brands
11.1.4 Malaysian Airline System Berhad – history
12 Company Profiles - Hotels
12.1 Company Profile: Rangkaian Hotel Seri Malaysian Sdn. BHD
12.1.1 Rangkaian Hotel Seri Malaysian Sdn. BHD - company overview
12.1.2 Rangkaian Hotel Seri Malaysian Sdn. BHD - main services and brands
12.1.3 Rangkaian Hotel Seri Malaysian Sdn. BHD - key employees
13 Company Profiles - Car Rental
13.1 Company Profile: Hawk Rent-A-Car (M) Sdn. Bhd.
13.1.1 Hawk Rent-A-Car (M) Sdn. Bhd. - company overview
13.1.2 Hawk Rent-A-Car (M) Sdn. Bhd. - main services
13.2 Company Profile: Avis Malaysia
14 Company Profiles - Travel Intermediaries
14.1 Company Profile: K.E Travel and Tours Sdn Bhd.
14.1.1 K.E Travel and Tours Sdn Bhd. - company overview
14.1.2 K.E Travel and Tours Sdn Bhd. - main services
14.2 Company Profile: Gem Travel and Tours Sdn. Bhd.
15 Market Data Analysis
15.1 Tourism Output
15.1.1 Total tourism output
15.1.2 Direct tourism output
15.1.3 Indirect tourism output
16 Appendix
16.1 What is This Report About?
16.2 Definitions
16.3 Methodology
16.4 About Canadean
16.5 Disclaimer
About Us:
Market Reports Store is your one-stop online shop for syndicated industry research reports on 25+ categories and their sub-sectors. We bring to you to the latest in market research across multiple industries and geographies from leading research publishers across the globe.
Contact us ( sales@marketreportsstore.com/ + 1 888 391 5441) for any of your research requirements or topics of interest. Our sales & research associates will be happy to help you find relevant market data.
Contact Details:
Ritesh Tiwari
Corporate Office
7557 Rambler Road,
Suite 727
Dallas, Texas 75231
Connect with Us:
Google Plus: https://plus.google.com/b/111934882437819047833/111934882437819047833/
Twitter: https://twitter.com/mreportsstore
Facebook: https://www.facebook.com/pages/Market-Reports-Store/523096547793469