Over RM130mil In Cash Expected To Flow Out As Over 100,000 M'sians Flock To Thailand For Long Weekend Getaway | WeirdKaya
2 days ago
But here’s the kicker: this sudden wave of Malaysian tourists heading north is expected to take over RM130 million out of the country’s cash flow in just a matter of days.
A trend that’s here to stayEconomic Analyst Professor Emeritus Dr. Barjoyai Bardai told Harian Metro that this holiday season alone has seen a huge surge in outbound travel, with each Malaysian estimated to spend around RM600 per person in Thailand.
Barjoyai, who is also the Dean of the Graduate School at the Malaysia University of Science and Technology (MUST), added that weaknesses in the local tourism industry, from low wages to less competitive experiences, have pushed Malaysians to look elsewhere for better holiday options.
RM3 billion spending power untappedUnfortunately, without immediate improvements in costs and the overall holiday experience, this trend of Malaysians spending big overseas during public holidays will only continue.
Earlier reports also showed that Malaysia-Thailand border crossings were heavily congested over the long weekend for school breaks and public holidays.
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