1. Market Research
  2. > Tourism and Leisure
  3. > Tourism Market Trends
  4. > Singapore Tourism Report Q1 2016

Singapore Tourism Report Q1 2016

  • December 2015
  • -
  • Business Monitor International
  • -
  • 31 pages

Includes 3 FREE quarterly updates

BMI View: Singapore is a well -established and popular tourism destination in the competitive Asia Pacificregion. Despite being a small city state, the country is home to a large number of attractions and thegovernment has invested heavily in the tourism sector in recent years in order to attract more, as well aslonger-stay visitors, including developing a range of tourism related attractions, from casinos through totheme parks. With visitor numbers steadily increasing and occupancy rates already high, the hotel market isattracting significant foreign investment and we are seeing a number of new properties under development,focusing particularly on the high end and luxury travel market. Supporting these positive growthexpectations is extensive an ongoing investment in transport infrastructure which means that Singapore isincreasingly accessible for key regional and global source markets.

Key Updates and Forecasts
- Cruise tourism to and from Singapore looks set to get a boost according to the recent announcement byTUI Cruises that it would make Singapore its seasonal homeport. TUI Cruises has partnered withthe Singapore Tourism Board and the Changi Airport Group in a drive to increase cruise passengersfrom Germany, Switzerland and Austria to over 90,000 which would generate SGD50mn (USD35.6mn)in tourism receipts.
- International air connectivity continues to expand. Singapore Airlines is partnering with Lufthansa onkey routes between Singapore and various European destinations while Australia based Jetstar hasintroduced new flights between Singapore and Palembang in Indonesia.
- We are forecasting healthy growth in inbound tourism throughout our five year forecast period, with totalinternational arrivals expected to reach 20.1mn in 2019, up from 15.7mn in 2015. This will support anincrease in tourism related expenditure from SGD87.75bn to SGD113.76bn.

Table Of Contents

Singapore Tourism Report Q1 2016
BMI Industry View 5
Table: Key Forecasts (Singapore 2012-2019) 5
SWOT 7
Tourism 7
Industry Forecast 9
Table: Inbound Tourism (Singapore 2012-2019) 13
Table: Tourism Receipts (Singapore 2012-2019) 14
Table: Hotel Accommodation (Singapore 2012-2019) 16
Table: Tourist Departures and Consumption (Singapore 2012-2019) 17
Industry Risk/Reward Index 18
Tourism Risk/Reward Index 18
Table: Asia Pacific Tourism Risk/Reward Index 19
Market Overview 20
Competitive Landscape 25
Domestic Hotel Groups 25
Table: Domestic Hotel Groups 25
International Hotel Groups 26
Table: International Hotel Groups 26
Methodology 28
Industry Forecast Methodology 28
Risk/Reward Index Methodology 29
Table: Weighting Of Indicators 31

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers
Global Tourism Vehicle Rental Market - Analysis of Growth, Trends Progress and Challenges (2015-2020)

Global Tourism Vehicle Rental Market - Analysis of Growth, Trends Progress and Challenges (2015-2020)

  • $ 4 250
  • Industry report
  • April 2016
  • by Mordor Intelligence LLP

The Global Tourism Vehicle Rental Services Market is expected to grow at a CAGR of 12.08% and touch $XX billion by 2020. Vehicle Rental services are relatively developed in the industrialized economies ...

Opportunity in Travel and Tourism Industry in India - 2016; Market size, Market share, Market landscape, Market trend analysis, Growth drivers, Future opportunity, Future forecast

Opportunity in Travel and Tourism Industry in India - 2016; Market size, Market share, Market landscape, Market trend analysis, Growth drivers, Future opportunity, Future forecast

  • $ 4 000
  • Industry report
  • April 2016
  • by Feedback Business Consulting

This report provides an insight into the Opportunity in Travel and Tourism Industry current scenario, structure and practices in India. In depth market scenario includes; - Current market size estimates ...

Travel and Tourism in Maldives to 2020

Travel and Tourism in Maldives to 2020

  • $ 1 950
  • Industry report
  • March 2016
  • by Canadean Ltd

Summary The Maldives' tourism sector is largely dependent on international arrivals. China and European countries, including Germany, the UK, France, and Italy are the key source markets. The country is ...

Travel And Tourism In The Us To 2020

February 2016 $ 1 950

Travel And Tourism In Turkey To 2020

February 2016 $ 1 950

Travel And Tourism In Japan To 2020

February 2016 $ 1 950

Download Unlimited Documents from Trusted Public Sources

Tourism Industry in Macao

  • May 2016
    56 pages
  • Tourism  

  • Macao  

    Asia  

    World  

View report >

Travel Industry in the US

  • May 2016
    14 pages
  • Travel  

  • United States  

    China  

View report >

Tourism Industry in Macao

  • May 2016
    54 pages
  • Tourism  

  • Macao  

    Asia  

    World  

View report >

Related Market Segments :

Tourism

ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.