Released on = June 7, 2007, 4:35 am

Press Release Author = Shushmul Maheshwari

Industry = Industrial

Press Release Summary = Malaysian tourism industry is riding on success. To attract
more tourists, the industry is now planning to organize a regional travel fair that
will draw around 35 Million visitors by 2010.

Press Release Body = According to a recent report “Opportunities in Malaysian
Tourism Industry (2007-2009)” by RNCOS, it has been observed that Malaysian
tourism industry has seen stupendous growth in terms of domestic and inbound
tourism. It is anticipated that the tourist arrivals in the country will rise at a
CAGR of above 6% during the period 2007 to 2011.

There is a glut of opportunities for the investors in the Malaysian tourism
industry. The government is fully supporting the development of the industry and
over the last 12 years, vast promotional campaigns have been designed both at local
and international levels to magnetize tourists from all over the world.

The Ministry of Tourism, Malaysia, is considering organizing a regional travel fair
to draw 35 Million visitors by 2010. Donald Lim, Deputy Tourism Minister, after
launching of ‘The Greatest Tourism Carnival 07’, said to reporters,
\"Currently, we have the ICB (International Tourism Exchange of Berlin) in Germany,
WCF (World Cultural Fair) in London, CITF (China International Tourism Fair) in
China and ATM (Arabian Tourism Mart) in the Middle East. So, we think it is a wise
decision to have such an event here”, as reported by BERNAMA.COM on April 25,
2007.

Lim reported that several countries, particularly European, have benefited from such
fairs. Also, these fairs not only promote tourism but also act as a platform to
exchange information and form strategic alliances with other nations.

He further said that the ministry has planned to send the proposal to local tour
operators for feedback. Malaysia is now second only to China as the most favored
tourist destination in Asia. In 2006, Malaysia recorded over 17 Million tourist
arrivals and expects to see over 19 Million tourists this year.

According to the RNCOS report \"Opportunities in Malaysian Tourism Industry
(2007-2009)”, tourism is fast emerging as one of the fastest growing sectors
in many countries and Malaysia is one of them. The country is putting in all its
efforts to promote its tourism industry. Moreover, tourism brings in a major share
of foreign exchange to the country and this makes it all the more important.

The market research report provides a rational analysis of the Malaysian tourism
industry with foci on different verticals, like inbound and outbound tourism, Intra
and Extra ASEAN tourism, transportation, accommodation, and medical tourism. It
gives a fair picture of the opportunities, challenges, and future outlook of the
market.

About RNCOS E-Services Pvt Ltd.:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM510.htm
Current Industry News: http://www.rncos.com/blog


Web Site = http://www.rncos.com

Contact Details = RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com