![]() The association also calls for a clear tourism recovery roadmap for the eventual revival of the industry. These include automatic loan moratorium, wage subsidies extension until year end, cancellation of the Travel & Tour Enhancement Course (TTEC) and financial assistance for travel agents affected by the continuous movement control order and closure of state and international borders. Matta, on its part, is requesting for the government to implement five initiatives to cushion the economic risks of the lockdown. ![]() Government must also do its best in ensuring businesses are supported throughout the period," he said.įollowing the announcement of the total lockdown, stakeholders have put in a slew of requests to reduce the burden on the domestic travel industry. The lives 3.6 million people employed in the industry, he said, is at stake due to the Covid-19 pandemic." MAH chief executive officer Yap Lip Seng said the government needs to step in to help the industry mitigate some of these losses. Loss of revenue for the hotel industry this year to date, according to MAH, easily adds up to RM5bil, making it worse than last year. Hotels in the country also suffer an estimated loss of RM300mil for every two weeks of the movement control order. Meanwhile, the Malaysian Association of Hotels (MAH) reported that the hospitality sector recorded a loss of over RM6.53bil for the year of 2020. Most of the tourists, or 4.23 million in 2020, arrived before the borders were shut on March 18," he said. "Tourist arrivals to Malaysia fell by 83.4% in 2020 with Malaysia’s tourist receipts also plunging by 85.3% from RM86.14bil in 2019 to RM12.69bil last year. ![]() The tourism industry and related economic activities in the country, according to Faeez, have suffered losses of over RM100bil in total since the start of the pandemic last year. In the wake of the total lockdown in the country, local tourism stakeholders have urged the government to provide support to keep businesses afloat and sustain the industry in the long run. ![]()
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