“STRONG PENT-UP DEMAND”
Singapore’s tourism industry has been battered by the COVID-19 pandemic.
With edges around the world closing and authorities putting up take a trip restrictions to suppress the spread of COVID-19, Singapore’s website visitor arrivals plummeted greater than 80 per cent year-on-year to 2 . 7 mil in 2020, and stepped further to 330, 000 visitor arrivals in 2021.
In 2019, Singapore managed a record 19. one million visitors , and tourism statements amounted to S$27. 7 billion.
The tourism table said that it is constantly on the expect that tourism flows will recuperate to pre-COVID levels by the mid-2020s.
“The encouraging growth in visitor landings and tourism invoices signals strong pent-up demand, and emphasize Singapore’s continued appeal as a vibrant and attractive destination for leisure time and business vacationers, ” said STB chief executive Keith Suntan.
“While the particular pandemic is certainly not over yet, we have been confident that Singapore’s very rich work schedule of events, along with new and rejuvenated tourism offerings, will continue to attract visitors for the rest of 2022 and beyond. ”
Singapore’s roster associated with events includes the particular Formula 1 Singapore Air carriers Singapore Grand Prix 2022 , Tour de France Singapore Criterium and Sail Grand Prix.
Tourism receipts reached approximately S$1. 3 billion in the first quarter of 2022, the 213 per cent year-on-year increase over the same period last year. Guests from Indonesia were the top spenders, followed by India and China.
Looking forward, STB said that the tourism sector may face some headwinds for the rest of the year due to the volatile global political and economic environment, and also the evolving health scenario.
“STB can continue to develop the particular tourism sector with new offerings and refreshed concepts to strengthen Singapore’s appeal as an attractive destination. ”