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Singapore Tourism

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Singapore in recent time has been well placed on the bucket list of millions of international visitors’ dairies. With super-fast transport systems, diversity in culinary tourism attracted more visitors in the past few years. – PowerPoint PPT presentation

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Title: Singapore Tourism


1
Singapore Tourism
2
Singapore
  • Singapore in recent time has been well placed on
    the bucket list of millions of international
    visitors dairies.
  • With super-fast transport systems, diversity in
    culinary tourism attracted more visitors in the
    past few years.
  • Sky high retail centres, nature parks and
    national reserves, providing outdoor and
    adventure activities are major engaging factors
    tourist attractions.

3
Singapore - A Good Place For Short-stay
Destination
  • Singapore was known to be a good place for
    short-stay destination, however now the country
    working keenly to break that jinx and have
    long-stay visitors and it makes them heavily
    invests in tourism infrastructure.

4
Singapore - Market Research Overview
  • The market research overview provides a
    comprehensive insight on industry performance and
    forecast.
  • Rise of Subcontinent visitors
  • Hotel and Cruise industry performance
  • Market Forecast
  • Investment Opportunities

5
Rise of Subcontinent visitors
  • Market study on Singapore tourism reveals the
    growth in visitor numbers surged from India,
    China and Indonesia totalling 7.88 million.
  • India tops the list with a 13 increase in
    growth, where China and Indonesia recorded 6 and
    2 increase in visitors in 2018.
  • The market report shows that, Singapore
    encourages subcontinental visitors with frequent
    flights which directly increases the strong
    travel demand.

6
Rise of Subcontinent visitors
  • Malaysia, Australia, Japan, Philippines, US,
    South Korea, Vietnam, United Kingdom, Thailand,
    Hong Kong, Taiwan and Germany are the other
    countries with more visitor arrivals which
    boosted overall visitors to 18.5 million
    visitors, a 6.2 per cent increase to previous
    years.

7
Hotel and Cruise industry performance
  • Singapore hotel industry being home to several
    numbers of domestic and international hotel
    groups and caters to all sectors of the market
    has seen strong growth with S 4 billion with a
    7.4 increase in room per revenue in 2018.
  • The room occupancy rate rose to 86 with a 1.2
    increase to last year.
  • The investment potential of Singapore's expanding
    hotel market is further demonstrated by expected
    increases in the value of the domestic hotel and
    restaurants industry.
  • Cruise industry made tremendous contribution with
    a 35 increase in a year supporting Singapore
    tourism.
  • It carried 1.87 million total passengers in
    2018, this number shows Cruise industry as
    potential area of growth with number of
    passengers expected to increase each year.

8
Market Forecast
  • The market report showcases in 2019, 18.7 to 19
    .2 million international visitors to be expected
    in this year and tourism receipts to be maximum
    at SGD 27.9 billion.
  • The market forecast of hotel industry shows until
    2021, hotel industry Singapore will have high
    occupancy rates in Asia Pacific region.
  • Our forecast projects that, Singapore will see
    Europe origin of travelling over 1.7 million
    visitors and Middle East could be over 235,800
    visitors in 2021.
  • China will hold their first position with more
    inbound travels to Singapore and forecasted to
    see 5.5 million visitors from China in 2021.

9
Investment Opportunities
  • Singapore tourism boards constant investment in
    new attractions, successful marketing campaigns
    and transportations are ongoing and mean
    Singapore is well placed to support the expected
    growth in inbound tourism.
  • Sentosa island continues to pull over more
    investments which will be purposed to attract
    international and domestic tourists.
  • Changi airport being named as the best airport in
    the world for 5 years, and is set to hold the
    record by further investments.

10
Market And Business Intelligence Reports
  • Apeiron Market Research Consulting focuses on
    providing accurate market and business
    intelligence reports tailored to meet the needs
    of our customer.
  • We specialize in Market Research, Statistical
    Data Analysis, Feasibility Study, Business
    Plan,BusinessExpansion, and Business Consulting
    services.

11
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