Singapore, an island country and city state in Southeast Asia which comprises one main island, 63 satellite islands and islets, captivating destination for its clean, modern cityscape, diverse cultural experience and excellent food scene highlighted by several attractions include Sentosa Island, Marina Bay Sands, Gardens by the Bay and the vibrant, lively neighbourhoogs of Chinatown and Little India is experiencing a tourism in significant growth with positive outlook for 2025.
The country through the data provided by STB, Singapore Tourism Board recorded 16.5 million international visitors arrivals in 2024, representing an increase of 21% over the previous year achieving record profits and reinforcing its position as a very demanded tourist destination in the region.
This significant growth in visitor numbers and spending was attributed to several factors, among them the visa waiver for China introduced in February 2024 that significantly boosted Chinese tourist arrivals, an improved air connectivity which saw Changi Airport reporting a 15% increase in international seat capacity, recovering to 98% of pre - pandemic levels and a relevant promotion of the destination abroad.
In addition, Singapore's annual calendar of events plays a relevant role, encompassing high - profile events such as the Formula 1 Grand Prix and concerts by global stars such as Taylor Swift as well as a relevant number of large - scale business events and trade show, contributed to increase in visitor numbers.
Singapore's hotel industry also demonstrated positive growth in 2024, wih ARR, average room rate rising 1.4% year - on - year to reach S$276, RevPAR, revenue per available room growing 3% to S$226, and an AOR, average occupancy rate rising to 81.8% in 2024, an increase of 1.3% compared to 80.5% in 2023.
The hotel sector added 1.421 new hotel rooms, with notable openings such as The Standard Singapore and Mercure ICON Singapore City Centre, both part of the brands of th French multinational hospitality company Accor S.A.
Also the cruise segment thrived, with 1.8 million passengers on 340 ships calls, among the first calls were Royal Caribbean's Anthem of the Seas and Silver Cruise's Silver Nova, consolidating Singapore as a very important destination also in this tourism sector.
In addition several cruise companies, including Resort World Cruises, from Resort World, an established Asian luxury cruise brand, have committed to establishing their long-term homeport in Sigapore with their newest ship, the Star Scorpio.
Positive outlook for this year are confirmed by STB forecasting that between 17.0 and 18.5 million visitors will be received by 2025 and that tourism revenues will reach between S$29.0 and 30.5 million.
The growth outlook remains positive, driven by the continued expansion of air connectivity, new attractions, a solid development in the hospitality industry, an efficient promotion of the destination and a very robust leisure and business event offering.
The CEO of STB, Melissa Ow, said that Singapore's tourism sector performed strongly, a confirmation of the industry's efforts to revamp the national products and experiences.
Link - https://www.expreso.info/noticias/internacional/104979_singapur_consigue_en_2024_unas_ganancias_record
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