Malaysia tourist boom may pose hotel room shortage
While the tourist inflow is expected to increase by 12% every year, Malaysia’s hotel industry is expected to face a shortage of rooms to accommodate the rising number of tourists. Tourism Ministry’s deputy director general for planning Azizan Noordin said at present there are about 160,000 rooms throughout Malaysia with 60,000 rooms in the Klang Valley.
“However this amount is insufficient to accommodate the predicted inflow of tourists to our country,” Azizan told The Malaysian Reserve recently at a groundbreaking ceremony for a hotel in Kuala Lumpur. Last year, Malaysia recorded 25.03 million of tourists inflow and the number is targeted to reach 26 million this year, 28 million in 2014 and eventually 150 million in 2020.
Azizan added that the tourism industry in Malaysia is expected to record healthy growth despite a slowing global economy as it will be supported by various advertising and promotions (A&P) efforts by the government. “With the ministry’s active A&P attempts especially the Visit Malaysia programme, is expected to contribute to the influx of tourists,” he said. As such, he pointed to the necessity of constructing more hotel rooms as one of the factors to boost the growth of Malaysia’s tourism industry.
Malaysia’s warm weather, eco-diversity and retail landscape will help to entice the targeted number tourist arrivals, which has contributed much to the nation’s economic growth. Malaysia is the ninth most travelled destination in the world, with the 13th-highest expenditure by visitors. Source.