Malaysia, running out of options, is hiking various duties in some case and imposing new taxes in other cases.
In 2016, 26.7 million tourists visited Malaysia, said the Tourism Ministry.
Analysts speaking to Nikkei Asian Review said the government could collect about RM654.2 million based on 60% occupancy rate.
They are also counting the eggs before they hatch, saying if occupancy rate rises to 80%, the tax revenue could swell to RM872.82 million.
But analysts are saying this ‘tax’ could cause a slump in room occupancy rate, and it will put hotel stocks under pressure while eating in the profit margin of hoteliers.
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