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Singapore Travel & Tourism Market (2009 – 2015)
Renub Research, May 2010, Pages: 61
Singapore Travel & Tourism Market (2009 – 2015) provides an in-depth analysis of the present and future prospects of the Singapore travel and tourism industry. The report has been researched at source Globally and Singapore specific, and features latest-available data covering:
- Global tourist arrival and receipts
- International and Outbound tourism globally
- Top 10 spenders globally
- Inbound and Outbound tourist arrivals
- Expenditure in Singapore by top 10 countries
- Hotel industry - No. of hotels & rooms, revenue generation from hotels, Average Occupancy Rate, Average Room Rate & Revenue per Available Room data is available
- Singapore – Inbound, Outbound tourist arrival and expenditure forecast till 2015
- Sectors – Holiday, Business Travel & MICE Industry (Meetings, Incentives, Conventions, Exhibitions)
- Cruise Tourism, Formula One Grand Prix Race, and Casino Tourism have been analyzed in the report.
Research Highlights:
- Globally International tourist arrivals reached 922.4 Million, up from 904.3 Million in 2007, representing a growth of 2%.
- It is estimated that by 2020 international tourist’s arrival will cross the mark of 1.5 Billion tourist’s arrivals globally.
- Singapore Inbound tourist arrivals have crossed the 10 Million mark by the end of 2008.
- It is expected that the Inbound tourist arrival in Singapore will increase with a CAGR value of around 10.18% for the period spanning from 2009-2015.
- It is forecast that Singapore tourism receipts will increase with a CAGR value 15.71 % for the period spanning 2009-2015.
- Business Meetings, Incentives, Conventions, Exhibitions are the second highest region for travelers to visit Singapore from 2006 to 2008 and it’s increasing its share rapidly.
- Singapore hotel room revenue has grown with a CAGR of 15.5% for the period of 2004 to 2008.
- Internet is the most preferred medium to gather information by tourist, In 2008 more than 50% tourists gathered information from internet.
- Singapore cruise passenger is expected to cross the figure of 1 Million by 2015.
- Formula One Grand Prix Race is attracting lots of tourists to Singapore and generated more than US$ 100 Million of Tourism Receipts in 2008.
- Casino tourism is going to be another major revenue earner for Singapore tourism.
Key Players Analyzed:
This section covers the key facts about the major players (airlines, hotels and tour operators) currently operating in the Indian tourism industry.
Data Sources:
Information and data in this report has been collected from various printable and non-printable sources like Magazines, Newspapers, Trade Journals, White papers, Online paid databases, News websites Government Agencies and Trade associations.
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