Travel and Tourism Industry in Singapore to 2018 - Market Size, Share, Trends, Analysis and Forecast

on Tuesday, 9 September 2014 include new market research report " Travel and Tourism Industry in Singapore to 2018: Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

Singapore is a leading tourism destination that recorded significant growth in inbound arrivals during the review period (2009–2013). Tourism is a priority sector in Singapore, and therefore attracts a large amount of investment. The government has made continual efforts to develop and promote the country’s tourism offerings including leisure tourism, business tourism and niche areas such as medical and cruise tourism.


This report provides an extensive analysis related to the tourism demands and flows in Singapore:
  • It details historical values for the Singaporean tourism sector for 2009–2013, along with forecast figures for 2014–2018
  • It provides comprehensive analysis of travel and tourism demand factors, with values for both the 2009–2013 review period and the 2014–2018 forecast period
  • The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in Singapore.
  • It provides comprehensive analysis of the trends in the airline, hotel, car rental and travel intermediaries industries, with values for both the 2009–2013 review period and the 2014–2018 forecast period.
Reasons to buy:-
  • Take strategic business decisions using historic and forecast market data related to the travel and tourism sector in Singapore.
  • Understand the demand-side dynamics within the Singaporean travel and tourism sector, along with key market trends and growth opportunities.

Browse More related reports to Travel Services at:

Key highlights:-
  • Domestic tourism in Singapore is limited due the small size of the country and the residents’ preference for domestic daytrips instead of overnight stays. The total number of domestic trips increased from 97,510 trips in 2009 to 136,596 trips in 2013, at a review-period CAGR of 8.79%, driven by an increase in mean household income and the spending power of domestic consumers.
  • The government has been making continuous efforts to develop tourist destinations within the country to attract international tourists. For example, Singapore Sports Hub, developed in place of the National Stadium (which was closed in 2007), opened in June 2014. The sports hub, developed with an investment of US$1.3 billion, is expected to become a leading sporting and entertainment events arena.
  • Singapore is known for its pro-business environment, which attracts foreign investments and business entrepreneurs. It has retained its leading position in the World Bank’s Ease of Doing Business rankings since 2006 and held the first rank (out of 189 countries) in 2014. Among the contributing factors, the country held first rank in terms of trading across border, second in terms of protecting investors and third in terms of starting a business.
  • International arrivals for leisure purposes recorded the highest review-period CAGR of 14.62%, equivalent to 4.5 million tourists arrival in 2013. Other personal trips recorded the second-highest CAGR of 14.45% during the review period. Singapore is a leading air transport hub in the Southeast Asian region, with international arrivals by air accounting for 77.0% of the total arrivals in 2013, making it the preferred mode of transport. Additionally, except for land accessibility from Malaysia, the country is accessible only through air and sea........

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