Malaysia's Domestic Tourism Booms in Q3 2024

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Malaysia's Domestic Tourism Booms in Q3 2024
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Domestic tourism in Malaysia experienced a surge in the third quarter of 2024, reaching record levels of visitors and expenditure. The Department of Statistics Malaysia (DOSM) reported 66.3 million visitors and RM25.6 billion in total spending for the quarter.

Malaysia 's domestic tourism saw strong growth in the third quarter of 2024 with a record 66.3 million visitors and total expenditure of RM25.6 billion, according to a report from the Department of Statistics Malaysia (DOSM) on Thursday (Dec 19). Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said until September 2024, Malaysia recorded a total of 193.3 million domestic visitors, showing an increase of 21.8 percent year on year.

'Domestic tourism expenditure for the first nine months of 2024 was RM77.8 billion, reflecting a strong growth of 27.2 percent year-on-year,' he said in a statement on Thursday. Uzir said in terms of the accommodation sector, the total revenue increased by 12.9 percent from the previous year. He said the growth was supported by the occupancy rate of five-star hotels which increased by 1.1 percent, followed by four-star hotels (+4.2 percent) and three-star hotels (+0.2 percent). 'The occupancy rate by location in the town increased by 3.4 percent, compared to the same quarter last year,' he said. He said the performance of the tourism-related industry in the third quarter of 2024 was encouraging with the value of fuel retail sales increasing 6.3 percent year-on-year followed by highway traffic (+5.5 percent), arrivals at domestic airports (+3.5 percent) and zoo revenue (+1.7 percent). According to Uzir, Malaysia's domestic tourism is one of the main pillars of the country's economy driven by growth in the number of visitors, high spending and strong performance across the tourism-related industry. 'This growth is expected to continue, strengthening the importance of this sector to the overall economic health of the country,' he said.- Bernam

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Malaysia Sees Record Domestic Tourism Growth in Q3 2024Malaysia Sees Record Domestic Tourism Growth in Q3 2024Malaysia's domestic tourism experienced a surge in the third quarter of 2024, with a record 66.3 million visitors and RM25.6 billion in total expenditure. The Department of Statistics Malaysia (DOSM) reported a 21.8% year-on-year increase in domestic visitors, reaching 193.3 million for the first nine months of 2024. Domestic tourism expenditure also witnessed a robust 27.2% year-on-year growth, reaching RM77.8 billion. The accommodation sector saw a 12.9% revenue increase, driven by higher occupancy rates across various star categories.
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Domestic Tourism in Malaysia Sees Strong Growth in Q3 2024Domestic Tourism in Malaysia Sees Strong Growth in Q3 2024Domestic tourism in Malaysia experienced robust growth in the third quarter of 2024, recording 66.3 million visitors, a 22.3% increase compared to the same period last year. Despite a 3.2% decline compared to the second quarter of 2024, domestic tourism spending also showed significant growth, reaching RM25.6 billion, up 27.4% year-on-year. However, it decreased by 9.1% compared to the second quarter of 2024. The Malaysian Chief Statistician, Datuk Seri Dr. Mohd Uzir Mahidin, stated that up to September 2024, Malaysia's domestic tourism had recorded a total of 193.3 million visitors, representing a 21.8% year-on-year increase. Domestic tourism spending for the first nine months of 2024 reached RM77.8 billion, reflecting a strong 27.2% year-on-year growth.
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