Hotel Industry in Malaysia Essay Example for Free

Hotel Industry in Malaysia turn upIn general, the hotel intentness in Malaysia experienced an encouraging growth rate in 1994. The pains record a significant growth of 64 percent in touristry receipts, from RM5.1 i thousand thousand generated in 1993 to RM8.3 billion in 1994. Malaysia will be hosting the Commonwealth Games in 1998. In addition, the new Kuala Lumpur International Airport in Sepang when completed, will cater for 25 million passengers per year and help establish Malaysia as a study centre for international air travel in the region. Source 1995 Annual Report of Olympia Industries BerhadMalaysia has been regarded as one of the world famous holiday and investment destination. The country has attracted more than six million of overseas pack holidaymakers and businessmen to Malaysia each year. The Government of Malaysia has been promoting Malaysia tourism agressively both locally and overseas. The country is blessed with numerous holiday sites and business cen tres.The colourful multi-ethnic group practising multi-culturalism in Malaysia has attracted million of foreign visitor to the country. The people, the food and the impost have impressed many foreign visitors. The country is continuously improving its basic infrastructure such(prenominal) as telecommunication, transportation, and public facilities in order to attract more foreign visitors.As a reply of the impressive economic growth, one cannot stop being amazed by the amount of land-related development projects which ar going on in Malaysia presently. More hotels, resorts and business centres have sprouted everywhere. Light Rail move through project has been constructed and near completion. All these development attempts to set Malaysia as a centre for holidaymakers and foreign investors.Hotel industry in Malaysia has contributed tremendously to the development in the Malaysia tourism industry. As a result of the continuing tourism development, the hotel industry in Malaysia is also continuingly developed to cater for more foreign visitors and provide better services.The hotel industry in Malaysia is large. It offers accomodation ranging from lodging houses to five-star hotels, ranging from an inexpensive RM30 per day to an average of RM250 per day and can be as extravagantly as thousands. The visitors have a wider range of accomodation selection depending on their budgets. There are accomodation provider a lot anywhere in all the major towns and cities.