Tourism in Malaysia is on a strong upswing in 2024. Malaysia's travel industry is enjoying a positive recovery, with several factors influencing its ongoing development.
2024 is shaping up to be a year of significant change for Malaysian airlines. Passenger demand is mirroring a global surge, fuelled by relaxed travel restrictions.
The hotel industry is seeing a welcome rebound, but the labour shortage and uncertain global climate pose challenges. Malaysia's hotel industry is poised for continued growth in 2024, building on the momentum provided by reopened borders in 2023.
Consumers are displaying shifting preferences when it comes to booking travel. There is a growing focus on experiences, with travellers, especially Millennials, seeking unique experiences over traditional hotel stays.
Travel industry players face a rapidly evolving market environment in Malaysia. Key strategies for continued growth will include a focus on intra-Asian travel involving collaboration with regional players to attract more Asian tourists.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Travel industry in Malaysia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
If you're in the Travel industry in Malaysia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Travel
Travel encompasses several categories including tourism flows, lodging, travel modes, in-destination spending and booking.
See All of Our DefinitionsThis report originates from Passport, our Travel research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!