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Malaysia targets 11.7-19.2 billion USD from tourism by 2025

Malaysia’s tourism industry aims to earn 47-77 billion ringgit (11.7 – 19.2 billion USD) from international visitors by 2025, according to Malaysian Minister of Tourism, Arts and Culture Nancy Shukri.
Malaysia targets 11.7-19.2 billion USD from tourism by 2025 ảnh 1Tourists in Malaysia (Photo: themalaysianreserve.com)
Kuala Lumpur (VNA) – Malaysia’s tourism industry aims to earn 47-77 billion ringgit (11.7 – 19.2 billion USD) from international visitorsby 2025, according to Malaysian Minister of Tourism, Arts and Culture Nancy Shukri.

Ganneesh Ramaa, VicePresident of the Malaysian Association of Tour and Travel Agents(MATTA), said that someof the major tourist markets for Malaysia are still in lockdown, including China, Taiwan (China) and Japan.

Domestic travel has resumed since last yearbasing on the domestic sales at the previous MATTA Fair, he said.

MATTA also expects domestic small and medium-sizedcompanies linked to the tourism industry to record better income and revenuesupported by the reopening of borders and the festive seasons.

Malaysian Association of Hotels chief executive officer Yap Lip Seng said thereopening of borders from April 1 is good news for the entire tourism industry, whichcan now generate income.

According to Yap, before April 1, averageoccupancy has been hovering between 30-40 percent, fluctuating between peakweekends and holidays and normal weekdays.

The reopening has yet to record significant increases in booking from foreignarrivals, except those from Singaporeand Indonesia, he said, stating that Malaysia is hoping for average occupancybetween 50-60 percent by the third quarter of 2022./.
VNA

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