Tuesday, October 06, 2009

Malaysia Among Top Holiday Spots For Saudis – Mastercard

Malaysia is among the top holiday destinations among Saudi Arabian consumers, according to a recent MasterCard survey.

Besides Malaysia, the study showed that Saudis also preferred to holiday in Egypt and Indonesia.

The survey on consumer confidence and purchasing priorities was conducted by MasterCard Worldwide from March 23 to April 18, this year, and involved 9,211 consumers from 21 markets.

Markets surveyed were Australia, China, Egypt, Hong Kong, India, Indonesia, Japan, Kuwait, Lebanon, Malaysia, New Zealand, Philippines, Qatar, Saudi Arabia, South Korea, South Africa, Singapore, Taiwan, Thailand, United Arab Emirates (UAE) and Vietnam.

MasterCard said 33 per cent of the Middle East and Levant's consumers were planning to spend on international personal air travel within the next six months.

In particular, consumers from Kuwait (71 per cent) were looking forward to holidays abroad, followed by those from the UAE (51 per cent) and Saudi Arabia (30 per cent).

The study found that Egypt (as indicated by 30 per cent of consumers), Malaysia (24 per cent) and Indonesia (23 per cent) ranked as favourite destinations among Saudi consumers.

MasterCard Worldwide area business head for Gulf countries Raghu Malhotra said: "Through our ongoing research efforts, we're able to gain in-depth insight into what consumers want.

"We're committed to working closely with our customers, as well as merchants across the Middle East, to provide the best in benefits and privileges to MasterCard cardholders when they're going about their daily purchases, whether at home or overseas."

Source : Bernama
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