Monday , June 5 2023

More tourists visit Singapore but spend less on STB



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SINGAPORE: In the second quarter of this year, more tourists visited Singapore than last year, but they spent less, according to the Singapore Tourism Board's report, published on Friday (November 9th).

The number of international visitors increased by 8 percent compared to the previous year, reaching 4.6 million. Nevertheless, tourism revenues in the same period decreased by 1.7 percent to S6.6 billion.

This was due to the fact that tourists spent less in the second quarter in sectors such as shopping and food and drink, the report said.

STB 2nd quarter 2018

Major Singapore Tourism Revenue Segments in the 2nd quarter of 2018 (Infographic: STB)

Tourists generally spent $ 1.26 billion on shopping, down 22 percent from last year, and $ 601 billion for food and drink – 15 percent less than last year.

The hotel room revenues increased by 9.4 percent year-on-year, reaching $ 1 billion, and the average proportion of employees reached 85 percent, which is by 0.9 percentage points more than last year.

STB Quarterly Report 2018

Major chat rooms visiting Singapore in the 2nd quarter of 2018. (Infographic: STB)

Visitors from China, Indonesia, and India spent the most on promoting 45 percent of tourism revenue, excluding entertainment, entertainment and gaming.

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