Singapore Travel & Tourism Market

07.09.2010 | Author: bharatbookseo | Posted in Travel & Vacations

“Singapore Travel & Tourism Market (2009 – 2015)” provides an in-depth analysis of the present and future prospects of the Singapore travel and tourism industry. ( http://www.bharatbook.com/detail.asp?id=135112&rt=Singapore-Travel-Tourism-Market-2009-2015.html ) The report has been researched at source Globally and Singapore specific, and features latest-available data covering:

• Global tourist arrival and receipts
• International and Outbound tourism globally
• Top 10 spenders globally
• Inbound and Outbound tourist arrivals
• Expenditure in Singapore by top 10 countries
• Hotel industry – No. of hotels & rooms, revenue generation from hotels, Average Occupancy Rate, Average Room Rate & Revenue per Available Room data is available
• Singapore – Inbound, Outbound tourist arrival and expenditure forecast till 2015
• Sectors – Holiday, Business Travel & MICE Industry (Meetings, Incentives, Conventions, Exhibitions)
• Cruise Tourism, Formula One Grand Prix Race, and Casino Tourism have been analyzed in the report.

Research Highlights

• Globally International tourist arrivals reached 922.4 Million, up from 904.3 Million in 2007, representing a growth of 2%.
• It is estimated that by 2020 international tourist’s arrival will cross the mark of 1.5 Billion tourist’s arrivals globally.
• Singapore Inbound tourist arrivals have crossed the 10 Million mark by the end of 2008.
• It is expected that the Inbound tourist arrival in Singapore will increase with a CAGR value of around 10.18% for the period spanning from 2009-2015.
• It is forecasted that Singapore tourism receipts will increase with a CAGR value 15.71 % for the period spanning 2009-2015.
• Business Meetings, Incentives, Conventions, Exhibitions are the second highest region for travelers to visit Singapore from 2006 to 2008 and it’s increasing its share rapidly.
• Singapore hotel room revenue has grown with a CAGR of 15.5% for the period of 2004 to 2008.
• Internet is the most preferred medium to gather information by tourist, In 2008 more than 50% tourists gathered information from internet.

• Singapore cruise passenger is expected to cross the figure of 1 Million by 2015.
• Formula One Grand Prix Race is attracting lots of tourists to Singapore and generated more than US$ 100 Million of Tourism Receipts in 2008.
• Casino tourism is going to be another major revenue earner for Singapore tourism.

For more information kindly visit :
http://www.bharatbook.com/detail.asp?id=135112&rt=Singapore-Travel-Tourism-Market-2009-2015.html

International Tourism
http://www.bharatbook.com/detail.asp?id=71185&rt=International-Tourism.html

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