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On October 10, 2021, three association giants in the industry and a national airline company united in ramping up destination readiness and facilitating Malaysia’s reopening to leisure and business travelers by signing a memorandum of understanding (MOU). The event launched the Travel Safe Alliance Malaysia (TSAM) to position Malaysia as…
Malaysia s Countrywide Restrictions Cripple Tourism Industry 20 January 2021
With the implementation of another Movement Control Order (MCO) effective 13 January 2021 and along with its countrywide restrictions on interstate travels, the tourism industry again crippled, despite being allowed to operate, hotels is expected to lose all revenue streams due to the restrictions.
While the industry experienced domestic market pick up in June last year, it was again impacted with the increase in Covid-19 cases early October, and it saw occupancy dropping almost immediately to approximately 20% and lower in most areas. There was a
short relief when domestic travel was allowed again in early December, and it triggered an increase in tourism activities across the country for the year-end holiday period.