Malaysia - a 2013 market snapshot and the outlook for 2014 and beyond

By Sen Soon-Mun, Director - Kuala Lumpur / Pacific Asia at Horwath HTL | 19 Dec 13

VMY 2014 is the 4th “Visit Malaysia Year”. The last VMY was 2007 and it registered arrivals over 21 million, an increase of approximately 20% over 2006. Recently, The Lonely Planet listed Malaysia as one of the top 10 countries to visit in 2014, the only country in Asia in the top 10 list. The government has set a target of 28 million foreign arrivals for 2014, representing an increase of approximately 8% over 2013’s target. With the opening of the new low-cost carrier airport, KLIA 2 in May 2014, the target could be achieved.

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Horwath HTL (Hotels Tourism and Leisure) is one of the world's pre-eminent consulting specialists in the Hotel, tourism and leisure industries, providing unequalled experience and expertise for client projects around the world through a combination of detailed local knowledge and international understanding. Horwath HTL is currently the world's largest consulting organisation specialised in hospitality, with 50 offices in 39 countries. Horwath HTL is a member of Crowe Horwath International, a professional association of accounting and management consulting firms founded in New York in 1915. Crowe Horwath International is currently ranked among the top ten international professional service groups with offices in close to 586 cities in 108 countries.
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