Malaysia: hotels market revenue growth 2027

In 2022, the revenue growth in the hotels market in the accommodation industry in Malaysia was at 34.4 percent, a decrease compared to 40.3 percent growth in the previous year. Statista Mobility Market Outlook forecasted that the revenue of the hotels industry will continue to grow at an average CAGR of 6.92 percent from 2023 to 2027.

Revenue growth of the hotels market in Malaysia from 2018 to 2027

Characteristic	Revenue growth
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Supplementary notes

Data provided by Statista Market Insights are estimates.

The Hotels segment includes hotels and professionally-run guest houses. These accommodations can be booked directly via the providers website, through a tour operator, a travel agency, an online travel agency (OTA), or by telephone. Well-known providers are Hotels.com, trivago, and Booking.com. The booking volume includes all booked travels made by users from the selected region, independent of the departure and arrival. Users represent all hotel guests. The scope includes domestic and outbound travel.

Private accommodation and holiday flats, as well as private room and accommodation rentals that are booked via portals such as Airbnb are not included.

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