Malaysia tourism hit by fuel shock; tour prices may jump 50%
Cancellations, rising diesel costs and weak demand leave industry players facing mounting pressure
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[KUALA LUMPUR] Malaysia’s tourism sector is bracing for a sharp jump in travel costs, with tour package prices expected to climb as much as 50 per cent as surging fuel prices ripple through transport and operating expenses.
Malaysian Inbound Tourism Association (MITA) president Mint Leong said the increase comes as the Middle East conflict disrupts travel flows and drives up global energy prices, compounding pressure on an industry already facing cancellations and weaker demand.
“If the situation (in West Asia) persists, tour package prices could rise by 30 to 50 per cent,” she told The Business Times.
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