Tourism Receipts pegged at S$5bln for the first quarter

Of all the components, Sightseeing & Entertainment (including Gaming) posted the highest growth of 321%.

The estimated S$4.98 billion worth of Tourism Receipts for the first quarter of 2011 represents a 35.7% growth compared to the same period in 2010.

Meanwhile International Visitor Arrivals (IVA) reached 3.12 million in Q1 2011, representing a 15.7% year-on-year growth. All three months in Q1 2011 saw record high IVA with January registering the largest increase. March remains the top visitor-generating month in Q1 2011.

Visitor Days were estimated at 11.7 million days, a growth of 12% in comparison with the same quarter last year. Indonesia (577,000), P R China (412,000), Malaysia (256,000), Australia (222,000), and India (171,000) were Singapore's top five international visitor-generating markets in Q1 2011. These markets accounted for 53% of total IVA for the quarter.

In terms of full year performance, final estimates for TR for January to December 2010 are S$18.9 billion, a 50% year-on-year growth.

Also Read

Singaporeans want sustainable travel, but only 4 in 10 will pay more

Up to the stars: 6 in 10 plan trips based on astrology

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit