Hotels & Tourism
STB taps FLCT to increase tourist visits
STB taps FLCT to increase tourist visits
Both companies will promote Singapore in key travel markets.
Chart of the Day: 41% agree that travel is more needed since 2020
It is higher compared to the global average of 35%.
What luxury travel experience are Singaporeans willing to pay more for?
More than a quarter want to get close to remote destinations.
Singapore rises as 2nd most expensive location in Asia for business travel
The average business trip to Singapore now costs US$515 per day.
Singapore Tourism Board awards $4m to 10 ‘fresh, bold’ marketing campaigns
Awardees include Andaz Singapore and Grand Hyatt Singapore.
STB offers free ‘off-the-beaten-path’ experiences for SG tourists
Tourists can redeem one of nearly 40 new experiences in Singapore.
Cathay Pacific giving away 12,500 round-trip tickets to Hong Kong for Singapore residents
Launching 2 March, the prize will be awarded to the first 12,500 entrants who answer three questions correctly
Changi Airport’s retail sales hit $1.1b in 2022
The figure represents 37% of sales in 2019.
Singapore still most liveable location for expatriate workers from East Asia
It has retained its status since 2005.
Services sector’s business outlook dims for Q123
Sixteen (16%) per cent of firms foresee deteriorating business conditions.
Chart of the Day: Singapore is top destination for Mainland tourists
Other choices are South Korea and Hong Kong.
Which hospitality REIT will outperform amidst high tourist arrivals?
The tourism board said tourist visitor arrivals will double in 2023.
Tourism activity poised to return to pre-pandemic levels by 2024
In 2022, Singapore welcomed 6.3 million tourists.
Gov’t reports 6.31 million tourist arrivals in 2022
The average length of stay is 5.04 days.
Mainland tourists travelling to SG for Lunar New Year rise 499% YoY
Singapore is also amongst the top destinations for Chinese tourists.
Return of Chinese tourists seen to help grow SG travel market by 60%
Euromonitor International said the reopening of China will make a stronger return.
SG is leading Asian city in this year’s top 100 destinations index
Euromonitor said Singapore is the first place globally in economic performance.
Commentary
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