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Chart of the Day: This graph reveals why business travellers stop visiting Singapore
Here’s a threat to strong visitor arrival growth.
Singapore remains one of the most attractive places for business travellers, with the country owing 33% of its tourism receipts to these visitors.
However, CIMB’s Cost of Living Survey revealed the main deterrents to visiting Singapore.
A considerable 37.5% of respondents have stopped visiting the country after their employers ceased funding their trips, while another 37.5% have ceased their trips because of the lack of new attractions.
Other factors include expensive offerings (18.8%) and the stronger Singapore dollar (6.3%).
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