(MENAFNEditorial)
Malaysia's tourism market is in a strong position to take advantage of the solid growth trends in the wider A sia Pacific region. With a well- developed transport network in place and an extensive range of attractions across the country Malaysia is attracting greater volumes of tourists which in turn are leading to increased investment by leading global hotel groups. The government is highly supportive of the tourism industry and a range of investment incentives will very likely encourage more developers to focus on Malaysia's potential in the coming years.
Malaysia's inbound tourism market is already substantial benefiting from the country's location in the midst of the Asia Pacific region. Singapore is the top market for arrivals accounting for almost half of all tourism to Malaysia. Travel between the countries benefits from the ease and affordability of regional travel with a range of road rail sea and air connections. Arrivals from all markets are expected to increase in 2015 reaching 28.5mn up 5.2% on 2014.
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The Asia Pacific region also dominates outbound travel from Malaysia. Although the outbound travel market is currently smaller than inbound travel this sector is expected to show more robust growth throughout the forecast period benefiting from domestic economic growth and higher rates of private financial consumption. Outbound travel is expected to increase by more than 10% in 2015 to reach 12.2mn departures. Malaysia's neighbour Thailand is expected to remain the most popular destination due to the ease and affordability of regional travel as well as the lack of visa restrictions.
Malaysia is well placed to keep up with the expected increases in both inbound and outbound travel. The transport network is already extensive and will benefit from planned investments across road rail and air travel. The government is keen to expand the tourism industry and continues to develop the market via the ongoing Malaysia Tourism...
The Malaysia Tourism Report has been researched at source and features BMI Research's independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport reason for travel origin and destination; and the accommodation market.
BMI's Malaysia Tourism Report provides industry professionals and strategists corporate analysts associations government departments and regulatory bodies with independent forecasts and competitive intelligence on the Malaysian tourism industry.
Key Benefits
* Benchmark BMI's independent tourism industry forecasts for Malaysia to test other views - a key input for successful budgetary and planning in the Malaysian tourism market.
* Target business opportunities and risks in the Malaysian tourism sector through our reviews of latest industry trends regulatory changes and major deals projects and investments in Malaysia.
* Assess the activities strategy and market position of your competitors partners and clients via our Company Profiles (inc. KPIs and latest activity).
Coverage
BMI Industry View
This contains a synopsis of our forecasts and any changes together with an overview of key trends and developments in the tourism industry and an assessment of the impact of various economic and national factors which might affect the sector. It also covers new transport projects new hotel developments and acquisitions.
Industry SWOT Analysis
Analysis of the major Strengths Weaknesses Opportunities and Threats within the tourism sector and within the broader political economic and business environment.
BMI Industry Forecast Scenario
Forecasts to end-2019 for all key indicators supported by explicit assumptions plus analysis of key downside risks to the main forecasts:
* Inbound Tourism: Total arrivals (‘000 and growth % y-o-y) arrivals by region (‘000 and growth % y-o-y) arrivals by country (‘000 and growth % y-o-y) top 10 source countries for arrivals.
* Outbound Tourism: Total departures (‘000 and growth % y-o-y) departures by regional destination (‘000 and growth % y-o-y) departures by country (‘000 and growth % y-o-y) top 10 destination countries.
* Travel & Receipts: Methods of travel for arrivals (air ship rail) (‘000 and growth % y-o-y) international tourism receipts for transport (USDbn and growth % y-o-y) international tourism receipts for travel items (USDbn and growth % y-o-y).
* Hotels: Hotel industry value (USDbn and growth % y-o-y) number of hotels (‘000 and growth % y-o-y) total overnight stays (‘000 and growth % y-o-y) length of stay occupancy rate (%) number of total
BMI’s Tourism Risk Reward Index
BMI’s Risk Reward Indices provide investors (tour operators tourism infrastructure investors financial institutions) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards.
Each of the country markets are scored using a sophisticated model that includes more than 40 industry economic and demographic data points to provide an indices of highest to lowest appeal to investors with each position explained.
Market Overview
This contains a comprehensive overview of the tourism industry in the country its overall value the value of its hotels industry trends in the hotels industry and any new developments. It also contains an evaluation of the top 10 global hotel groups’ presence in the country which brands are present in which cities the number of hotels and any planned developments and strategies. The Market Overview also considers the tourism infrastructure developments in the country in particular transport infrastructure projects such as ports and airports. Tables are also included from our regularly updated Key Projects Database which contain details of projects their value the time frame their current status the companies involved and their estimated completion dates.
Competitive Landscape
This section provides insight into key domestic players in the hotel industry discussing for example the number of hotels brands financial data geographical spread recent developments and strategies of individual companies.
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