Malaysia expects tourist arrivals to quadruple in 2023
Malaysia’s Kenanga Research (Kenanga) expects tourist arrivals in the country to jump almost four-fold to 9.6 million in 2023 from an estimated 2.5 million a year ago.
Malaysia expects tourist arrivals to quadruple in 2023 (Photo:travelweekly-asia.com)
KualaLumpur (VNA) – Malaysia’s Kenanga Research (Kenanga)expects tourist arrivals in the country to jump almost four-fold to 9.6 millionin 2023 from an estimated 2.5 million a year ago.
The research house said the projection is supported by theresumption of both business and leisure air travel globally as the COVID-19pandemic comes to an end, the revocation of all on-arrival quarantine andtesting requirements in Malaysia from Augusut 1, 2022, and the gradual reopeningof China.
In a study released on January 30, it noted the gradualreopening of China is positive for the country as historically, Chinesetourists account for an estimated 12% of the total tourist arrivals inMalaysia.
Meanwhile, MIDF Research (MIDF)revised its FY23F passenger traffic recovery downward to 85% from 95% previously due to the slower return of Malaysia AirAsia’s (MAA)aircraft, but expect stronger growth from 2024 onwards as local carriers rebuildtheir fleets.
It said Malaysia’s passengertraffic recovery is expected to be mainly supported by the reactivation of 50% of MAA’s remaining aircraft that have yet to receive airworthinesscertificates./.
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Malaysia expects tourist arrivals to quadruple in 2023 (Photo:travelweekly-asia.com) 
