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Higher tourism receipts boost Singapore
By Alex Kennedy |
February 11, 2011, Friday
|
Print Edition
Print Edition
SPENDING by tourists in Singapore jumped by almost half last year as the opening of its first two casino resorts helped attract more visitors.
Tourism revenue soared 49 percent to S$18.8 billion (US$14.8 billion) as visitor arrivals grew 20 percent to 11.6 million in 2010, the Singapore Tourism Board said in a statement yesterday.
Its chief executive, Aw Kah Peng, said she expects revenue and arrivals to grow this year, but declined to say by how much.
"We're on target to reach S$30 billion in revenue and 17 million visitors by 2015," Aw said.
The casino resorts - built by Las Vegas Sands and Malaysia's Genting - are part of a government plan to diversify Singapore's economy toward services such as tourism.
About 80 percent of visitors to Singapore last year came from Asia, led by Indonesia and followed by China, Malaysia, Australia and India. The hotel occupancy rate rose 10 percentage points to 86 percent last year while the average room price per night jumped 12 percent to S$212, the board said.
Aw said one of the challenges to expanding the tourist sector is improving Singapore's customer service.
Tourism revenue soared 49 percent to S$18.8 billion (US$14.8 billion) as visitor arrivals grew 20 percent to 11.6 million in 2010, the Singapore Tourism Board said in a statement yesterday.
Its chief executive, Aw Kah Peng, said she expects revenue and arrivals to grow this year, but declined to say by how much.
"We're on target to reach S$30 billion in revenue and 17 million visitors by 2015," Aw said.
The casino resorts - built by Las Vegas Sands and Malaysia's Genting - are part of a government plan to diversify Singapore's economy toward services such as tourism.
About 80 percent of visitors to Singapore last year came from Asia, led by Indonesia and followed by China, Malaysia, Australia and India. The hotel occupancy rate rose 10 percentage points to 86 percent last year while the average room price per night jumped 12 percent to S$212, the board said.
Aw said one of the challenges to expanding the tourist sector is improving Singapore's customer service.
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