Singapore Travel & Tourism Marke
Singapore Travel & Tourism Market (2009 - 2015) Bharatbook added a new report on "Singapore Travel & Tourism Market (2009 - 2015)" provides an indepth analysis of the present and future prospects of the Singapore travel and tourism industry. Singapore Travel & Tourism Market (2009 - 2015) 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 ( http://www.bharatbook.com/detail.asp? id=135112&rt=Singapore-Travel-Tourism-Market-2009-2015.html ) • 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.
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