What is the current Malaysia Hospitality Market size?

The Malaysia Hospitality Market is projected to register a CAGR of greater than 6.5% during the forecast period (2024-2029) Read More

Who are the key players in Malaysia Hospitality Market?

Genting Group, Accor SA, Shangri-la Hotels and Resorts, Hilton Worldwide Holdings Inc and Marriott International Inc are the major companies operating in the Malaysia Hospitality Market. Read More

What years does this Malaysia Hospitality Market cover?

The report covers the Malaysia Hospitality Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Malaysia Hospitality Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Hotel Industry in Malaysia - Outlook, Statistics, Growth & Report

Hotel Industry in Malaysia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Tourism and Hospitality Industry in Malaysia and is segmented by Type (Chain Hotels and Independent Hotels), and by Segment (Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, Luxury Hotels, and Service Apartments). The report offers market size and forecasts for the hospitality industry in Malaysia market in value (USD billion) for all the above segments.

Hospitality in Malaysia Industry Overview

The Malaysian hospitality industry is a combination of international hotel brands (and their chains) and Asian brands (and their chains). Though both international and Asian brands contribute to an almost equal number in terms of total hotels present in the country, international brands and their chains are dominating the supply of rooms/keys. Many well-established international brands entered the country with a wide range of strategic partnership programs with leading hospitality companies. The market holds great growth opportunities and is embracing many new investors into the industry. Moreover, players including, Genting Group, Accor SA, Shangri-la Hotels and Resorts, Hilton Worldwide Holdings Inc, and Marriott International Inc, among others have been profiled in the report.