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The Tourism Industry In Malaysia

1001 Words5 Pages

The tourism sector has the highest potential to generate economic activities in the current situation. In 2015, tourism sector has contributed US 7.2 billion to world GDP, representing 9.8% of global GDP. After that, tourism sector also supported 284 million jobs and contribute to GDP is forecast to grow by 3.3% in 2016. The total contribution of tourism sector to employment grew by 2.6% in 2015.
Tourism arrivals in Malaysia increased to 2583467 in December from 2004694 in November of 2015. Tourism arrivals in Malaysia averaged 1588739.92 from 1999 until 2015, reaching all time high of 2806565 in December of 2013 and a record low of 459374 in April of 2003. A tourism arrival in Malaysia is reported by the tourism Malaysia. After that, tourism …show more content…

This is because of to take advantage of the current level of the ringgit and in efforts to attract more tourism come to our country. This is the best way for bringing in foreign tourists. Tax exemption on income earned from the business of operating tours provided that the tour operators are licensed with the Ministry of Culture. The tour operators bringing at least 500 foreign tourists per year through group inclusive tours. Besides that, tax exemption on income earned from the operating tours provided that the tours operator are licensed with the Ministry of Culture. Arts and Tourism and the tour operators conduct domestic tour packages with at least 1200 local tourism per year. For this purpose, a domestic tour package means any tour package within Malaysia participates by local tourism include of transport by air, land or sea and providing at least one accommodation. Therefore, driven by its aspiration to promote Malaysia as a destination of excellence in this region, Tourism Malaysia has grown by leaps and bounds since its inception and has emerged as major player in the nation’s socio-economic …show more content…

This will help to increase tourism arrival in Malaysia. Based on the CITF report, top 10% of Chinese travellers of Chinese travellers vastly outpace their middle-class compatriots, spending an average of US$2,225 per day on accommodation, shopping and other holiday expenses. Much of Malaysia hotel development has catered to this luxury and business. A US-headquartered consultancy shows that more than 5000 upscale room are expected to open in and around the capital, Kuala Lumpur from 2015 to 2018, with more than 1500 opening in Langkawi and 1700 in Penang. This will to bring impact on overall tourism

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