Issues in the Malaysia Tourism Industry

Tourism has become the largest growth industry in the world. It not only witnesses millions of tourists but is also host to the largest number of jobs. Ranging from hotels, restaurants, attraction sites, transportation services, etc the tourism industry is booming. Tourists travel differently. Weather it be individually, as a couple, as a family, or a group of friends, they all travel to enjoy natural and/or cultural attractions.

The Travel and Tourism economy is one of the fastest growing activities in most countries around the world [1]. For many developing countries it is one of the main sources of foreign exchange income and the number one export category, creating such needed employment and opportunities for development [2]. According to World Travel and Tourism Council (WTTO), the Travel and Tourism industry have generated US$7.6 trillion (10% of global GDP (Gross Domestic Product)) and 277 million jobs (1 in 11 jobs) for the global economy in 2014. In Malaysia, for 2014 alone, a total of RM72.0 billion receipts and 27.22 million arrivals were registered [3].

Positive factors in the tourism of Thailand have been known as the hospitality, kindness of Thai people, beautiful natures, and strong strategy of tourism industry by the government of Thailand. Tourism industry in Thailand is a major component to the current economic foundations of the country and is an important component of economic growth in the future. Risks that may be a threat to the tourism industry in Thailand include the unrest that occurred in southern area, feelings of the people about lack of political stability.

Within travel and tourism inbound and domestic tourism are frequently changing, there are many internal and external factors which have a major impact and contribute to these changes. In this assignment I am going to analyse 3 internal and 3 external factors which affect the travel and tourism industry.

Tourism leakage is an example of how money expected to stimulate an economy ends up stimulating another. An example of tourism leakage in Thailand is that “70% of all money spent by tourists ended up leaving Thailand (via foreign-owned tour operators, airlines, hotels, imported drinks and food, etc)” (Mustafa 2011). This negatively affects Thailand because 70% of the money made by local employees, and businesses and spent in other places but Thailand in order to keep tourists coming back which will eventually increase the amount of money leaked. Countries that have a diverse economy is a sign that their economy is healthy and may grow, but some countries depend on Tourism as a main source of income which could cripple the country if anything tampers with the desire to visit said country. “Malta has only 380,000 residents, but received 1.2 million tourists in 1999. As 25% of GDP (and indirectly 40% ), tourism generated more than $650 million in foreign exchange earnings” (Negative Economic Impacts of Tourism). With 65% of Malta’s GDP coming from tourism, direct and indirectly if something were to affect Malta, for instance a diseases or natural disaster the country may experience an economic crash. Countries that are economically dependent on tourism are talking steps toward economic growth but at the same time a step back as the industry is not sustainable and are susceptible to external

Tourism plays a vital role in economic development in most countries around the world. The industry has not only direct economic impact, but also significant indirect and influential impacts. There is agreement among experts that the travel and tourism sector is the fastest growing of global economy. According to the latest UNWTO World Tourism Barometer, international tourism receipts surpass US$ 1 trillion in 2011, growing about 3.8%up from 2010 (WTO, 2012).

According to Enders and Sanders( 2002: 145-146), Terrorism is defined as, “The premeditated use or threat of use of extra normal violence of brutality by subnational groups to obtain a political, religious or ideological objective through intimidation of a huge audience usually not directly involved with the policy making that the terrorists seek to influence.” Tourist act as an unofficial ambassador between countries, binding people and countries; these tourist and tourist spots have been targets for the terrorist. Terrorist, using unlawful violence to intimidate towards the civil people, gain political gains. When a tourist spot is attacked, it weakens the binding between countries. In today’s world, the intention of hurting people and gaining attention have become easier through the internet. This cause tourist to rethink their chosen tourist spot due to their safety; starting from delaying the destination to avoiding it totally. Terrorist attacks impulsively affect the tourism industry in many different ways, whether be it social, political or economic, leaving a short term to long term effect on the tourism industry.

This case study deals with family tourist business. The company “Green Paradise Tours and Travel” was created in 2014 with the aim to put Sri-Lanka into a world class tourist destination. In this current project the attempt is made to develop a systematic approach to understand the operational management of tourist business. Commercialization of tourist activity has led to the need of the implementation the basic elements of operational management into the practice of tourist companies. At the same time tourism has a number of the features connected with nature of the rendered services, types of activities, forms of sales, legal regulation etc. These all led to the development of the special direction of management in a services sector like operational management of tourism. Non-standard use of the basics of operations management will help to

Now, I want to share the advantages and the disadvantages of tourism towards the development of Malaysia. Have you think before what are the effects of tourism in Malaysia? Will it be positive effects or negative effects? In my opinion, tourism is a useful way to helps people to relax and keep themselves far away from stressful, busy urban life. I am sure that all of us are waiting anxiously for the holiday, just to escape ourselves somewhere in the mountains or on the island. I believe, just by packing our luggage with family or friends, we can easily feel wonderful and

Tourism is an activity that contributes to economic development of a country. This is because it generates revenue which can then be used to finance development projects. Apart from generating revenue for the government, tourism can create employment, development of transport infrastructure such as roads and railway lines, promotion of cultures and it contributes to international cohesion. Culture exchange and adventure are some of the prioritized things tourist often look forward to in their travelling’s. More so countries make huge investments in hotels and other luxurious resorts in an effort to attract more tourist. Additionally, the growth of a country can be equated to the level of how their tourism is. In as much as it is a revitalizing entity in development, tourism has its challenges. One of the major challenges faced by the tourism industry is terrorism. This paper will discuss in detail the impact of terrorism on the United States tourism industry.

Tourism has tremendously grown and developed over the years where it is now considered an industry. The stabilisation of a nation is a must for the development of tourism industry, tourism also helps generate income for the country. There are a wide range of associations that are involved in this industry including the independent hotels. The hotel industry is involved in consortium where they join in one or more associations to increase their buying capacity, and improve or grow their offers of services to target

The author will use the number of visitors as an indicator of how Bali Bomb affected Bali’s tourism. This indicator is chosen because it’s commonly referenced to determine the level of tourism development.

The Travel and Tourism industry is still one of the largest single businesses in world commerce and its importance is widely recognized. The tourism industry is now one of the largest sectors earning foreign exchange. In the face of many benefits, many countries have started assigning due weight age to the tourism industry in their national development agenda. Tourism is an industry that operates on a massively broad scale: it embraces activities ranging from the smallest sea-side hotel; to air-lines, multi-national hotel chains and major international tour operators. Originally, non-traditional industries such as tourism emerged as a solution to strike a balance between ecology and industry

To embrace an advanced and tolerable future tourism field, Taiwan is greatly concerned in environmental sustainablity, natural resources management and tourism infrustructure. The three from a foundation to ensure Taiwan tops in tourism. I

Figure 1 above presents some data regarding the visitor arrivals of Taiwan tourism for the last decade.