Chart of the Day: Find out why tourism receipts are up

STB cited two key factors driving tourism in Asia.

In the annual report of the Singapore Tourism Board, Chairman Chew Choon Seng said: “For 2011, outbound travel from Asia recorded a six per cent increase, on top of the fourteen per cent growth in 2010. Two key factors accounted for this performance: a growing middle-class with greater disposable income and the increasing affordability of air travel within Asia.”

Here’s more from the STB Chairman:

Confidence in Singapore’s tourism sector remains buoyant. In 2011, the sector registered S$22.3 billion in tourism receipts and saw 13.2 million visitor arrivals, increases of 18 and 13 per cent respectively from 2010. This healthy growth demonstrates Singapore’s transformation into one of Asia’s top business and leisure destinations.

At the same time, all of us at STB recognise that sustaining this momentum in the coming years will be challenging, given the uncertainties around the world, keen competition from other destinations, and not least, Singapore’s own limitations in land area and manpower resources.

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