Revenue of the accommodation services industry in Malaysia 2014-2023

Published by
Amanda Siddharta,
Nov 9, 2024

In 2023, the revenue of the accommodation services in Malaysia reached approximately 14.57 billion Malaysian ringgit, an increase from around 11.23 billion Malaysian ringgit in the previous year. This indicated a recovery after the COVID-19 pandemic severely impacted the industry in 2020 and 2021, which resulted in a significant decrease in revenue.

Revenue from the accommodation services industry in Malaysia from 2014 to 2023 (in billion Malaysian ringgit)

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Release date

May 2024

Region

Malaysia

Survey time period

2014 to 2023

Supplementary notes

1 Malaysian ringgit is equal to 0.21 U.S. dollars and 0.20 euros as of June 2024.

Figures have been rounded.

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Statistics on " Accommodation in Malaysia "

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Overview

4

Accommodation key figures

4

Hotels

7

Vacation rentals

5

Other accommodations

6

Consumer behavior

4

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Topics

Accommodation in MalaysiaTourism in MalaysiaFMCG market in MalaysiaFood industry in MalaysiaMedical tourism in Malaysia
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