Malaysia Tourism Sector Poised to Grow at 8% CAGR

 

Noida, UP -- (SBWIRE) -- 10/31/2010 -- According to our latest report “Malaysia Tourism Industry Forecast to 2012”, Malaysia has emerged as one of the top tourist destinations in the world. Beautiful landscapes and rich natural resources make Malaysia an appealing destination for international and domestic tourists. According to the World Tourism Organization, Malaysia bagged one of the leading positions in the list of top 10 tourist destinations across the globe. Moreover, with increasing government support and rising promotional activities, international tourist arrival in the country is expected to surge at a CAGR of around 8% during forecast period (2011-2013).

The ongoing research identifies that, medical tourist arrival in the country also experience tremendous growth on the back of increase in investments and infrastructural developments. After Singapore and Thailand, Malaysia is fast emerging as a favorite destination choice of healthcare tourists. It is anticipated that the medical tourism in the country will propel further in future on the back of various key factors discussed in the report.

The report covers country wise international tourist arrival and found that Singapore, Indonesia, and Thailand are the major source countries for tourist arrival in Malaysia. Our report provides an insight into the Malaysian tourism industry and studies its past, present, and future scenario. It offers a detailed study of the forces driving the industry and discusses key market trends prevailing in the industry, which makes Malaysia a potential tourism destination. Our report also contains extensive information (analysis and statistical data) of various industrial parameters that will help clients to analyze opportunities critical for their success in the Malaysian tourism industry.

“Malaysia Tourism Industry Forecast to 2012” covers various segments including inbound tourism, outbound tourism, expenditure by inbound tourists, medical tourism, MICE, and hotel industry. The report provides a thorough analysis of the Malaysian tourism industry. Our report also includes industry forecast and estimates along with detailed information about key players operating in the Malaysian tourism industry. Additionally, due consideration has been given to the competitive landscape to enable clients understand the market structure and growth prospects in coming years.

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