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International Second Home Retirement Motives in Malaysia: Comparing British and Japanese Retirees

Generally, the international second home (ISH) retirement develops from the need for better life quality of the aging population globally. “Malaysia My Second Home” (MM2H) is an ISH scheme that aims to attract inbound retiree market in Malaysia. This study explores the retirement motivations and the...

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Main Authors: Wong, K.M., Musa, G.
Format: Article
Published: Taylor & Francis 2015
Subjects:
HF Commerce
Business
Online Access:http://eprints.um.edu.my/19452/
http://dx.doi.org/10.1080/10941665.2014.950303
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spelling my.um.eprints.194522018-09-28T04:06:36Z http://eprints.um.edu.my/19452/ International Second Home Retirement Motives in Malaysia: Comparing British and Japanese Retirees Wong, K.M. Musa, G. HF Commerce Business Generally, the international second home (ISH) retirement develops from the need for better life quality of the aging population globally. “Malaysia My Second Home” (MM2H) is an ISH scheme that aims to attract inbound retiree market in Malaysia. This study explores the retirement motivations and their influences on ISH decision using the combination of push–pull travel motivation theory and tri-reference point (TRP) theory, while simultaneously comparing the British and the Japanese retirees. We interviewed 26 MM2H participants in depth and content analyzed the data with qualitative NVivo software. Other than common motivations shared by both groups, there are also distinct differences, especially with regards to environmental preference and risk taking. Only two motives fit into all the three elements of TRP, with most motives either explained by a single or dual reference point. Based on the findings, the study proposes its knowledge, marketing, and managerial implications. Taylor & Francis 2015 Article PeerReviewed Wong, K.M. and Musa, G. (2015) International Second Home Retirement Motives in Malaysia: Comparing British and Japanese Retirees. Asia Pacific Journal of Tourism Research, 20 (9). pp. 1041-1062. ISSN 1094-1665 http://dx.doi.org/10.1080/10941665.2014.950303 doi:10.1080/10941665.2014.950303
institution Universiti Malaya
building UM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaya
content_source UM Research Repository
url_provider http://eprints.um.edu.my/
topic HF Commerce
Business
spellingShingle HF Commerce
Business
Wong, K.M.
Musa, G.
International Second Home Retirement Motives in Malaysia: Comparing British and Japanese Retirees
description Generally, the international second home (ISH) retirement develops from the need for better life quality of the aging population globally. “Malaysia My Second Home” (MM2H) is an ISH scheme that aims to attract inbound retiree market in Malaysia. This study explores the retirement motivations and their influences on ISH decision using the combination of push–pull travel motivation theory and tri-reference point (TRP) theory, while simultaneously comparing the British and the Japanese retirees. We interviewed 26 MM2H participants in depth and content analyzed the data with qualitative NVivo software. Other than common motivations shared by both groups, there are also distinct differences, especially with regards to environmental preference and risk taking. Only two motives fit into all the three elements of TRP, with most motives either explained by a single or dual reference point. Based on the findings, the study proposes its knowledge, marketing, and managerial implications.
format Article
author Wong, K.M.
Musa, G.
author_facet Wong, K.M.
Musa, G.
author_sort Wong, K.M.
title International Second Home Retirement Motives in Malaysia: Comparing British and Japanese Retirees
title_short International Second Home Retirement Motives in Malaysia: Comparing British and Japanese Retirees
title_full International Second Home Retirement Motives in Malaysia: Comparing British and Japanese Retirees
title_fullStr International Second Home Retirement Motives in Malaysia: Comparing British and Japanese Retirees
title_full_unstemmed International Second Home Retirement Motives in Malaysia: Comparing British and Japanese Retirees
title_sort international second home retirement motives in malaysia: comparing british and japanese retirees
publisher Taylor & Francis
publishDate 2015
url http://eprints.um.edu.my/19452/
http://dx.doi.org/10.1080/10941665.2014.950303
_version_ 1643690992669294592
score 13.211869

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