As of the first half of 2023, the average daily rate of four-star hotels in Malaysia was at 256 Malaysian ringit, an increase from around 221 Malaysian ringgit in the previous year. The daily rate of hotels in Malaysia was impacted by the restriction during COVID-19 pandemic in 2020 and 2021.
Average daily rate of four-star hotels in Malaysia from 2015 to 1st half 2023
(in Malaysian ringgit)
ADR for four-star hotels were set at RM 246 for 2019 (base year), based on a triangulated information gathering from sources such as Malaysian Association of Hotels (MAH), hotel ADR rates and primary research.
1 Malaysian ringgit is equivalent to 0.21 U.S. dollars and 0.20 euros as of June 2024.
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Zerin Properties Group. (August 30, 2023). Average daily rate of four-star hotels in Malaysia from 2015 to 1st half 2023 (in Malaysian ringgit) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1380141/malaysia-average-daily-rate-of-hotels/
Zerin Properties Group. "Average daily rate of four-star hotels in Malaysia from 2015 to 1st half 2023 (in Malaysian ringgit)." Chart. August 30, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1380141/malaysia-average-daily-rate-of-hotels/
Zerin Properties Group. (2023). Average daily rate of four-star hotels in Malaysia from 2015 to 1st half 2023 (in Malaysian ringgit). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1380141/malaysia-average-daily-rate-of-hotels/
Zerin Properties Group. "Average Daily Rate of Four-star Hotels in Malaysia from 2015 to 1st Half 2023 (in Malaysian Ringgit)." Statista, Statista Inc., 30 Aug 2023, https://www.statista.com/statistics/1380141/malaysia-average-daily-rate-of-hotels/
Zerin Properties Group, Average daily rate of four-star hotels in Malaysia from 2015 to 1st half 2023 (in Malaysian ringgit) Statista, https://www.statista.com/statistics/1380141/malaysia-average-daily-rate-of-hotels/ (last visited December 21, 2024)
Average daily rate of four-star hotels in Malaysia from 2015 to 1st half 2023 (in Malaysian ringgit) [Graph], Zerin Properties Group, August 30, 2023. [Online]. Available: https://www.statista.com/statistics/1380141/malaysia-average-daily-rate-of-hotels/
