3rd Hospitality Malaysia Conference

The hotel industry in Malaysia is gaining traction in post-pandemic times. As reported by Tourism Malaysia, global travelers heading to the country reached nearly 10.1 million, with borders opening and covid entry restrictions subsequently being dropped, the hospitality industry in Malaysia is bouncing back slowly but surely. However, the 2022 figures surpassed the Malaysian government’s initial target of 9.2 million international tourists and the aim for this year is to get the total to 16.1 million. 

The top origins for foreign arrivals last year were concentrated mostly in neighboring nations, with Singapore heading the list on 5.2 million, followed by Indonesia on 1.5 million, Thailand on 700,000, India with 325,000 and Brunei on 302,000. Capital city Kuala Lumpur still leads the way on development, with at least 23 premium projects in the pipeline. Penang and Kota Kinabalu share the runners up position on six sites each. Upscale hotels have the upper hand in development, with 62% of the high-end pipeline, which is equivalent to 40 projects. The remaining 38%/25 sites are five stars. Swift openings are the order of the day, with 22 scheduled for this year and 16 for next. 2025 currently has five premium hotels on the slate, 2026 will see a further two and 2027 another three. The remaining 17 projects are yet to be designated a delivery date. 

The 3rd Hospitality Malaysia Conference (HMC 2023) is an assembly of industry thought leaders that will address Malaysia's current hotel investment landscape, market status, performance, current hurdles and future springboards that promote growth.