Singapore tourist spends less
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Singapore tourist spending has dipped by half a percent, despite a 7.3 per cent boost in arrivals.
According to the Singapore Tourism Board, about 4.6 million visitors arrived in the city state in the first quarter of this year – but they spent less on shopping and accommodation. Their total collective spend was about S$6.7 billion.
According to the government data, tourist spending on shopping declined 9 per cent, with accommodation spending down 13 per cent and food and beverage down by 16 per cent.
Instead of spending in shops, hotels and eateries, tourists splurged on sightseeing, gambling and entertainment, collectively up by 6 per cent.
China, Indonesia and India were Singapore’s largest source of visitors and spending during the quarter.
Questions & Answers
Q.What was the overall trend in tourist spending in Singapore during the first quarter?
What was the overall trend in tourist spending in Singapore during the first quarter?
Despite a significant increase in tourist arrivals, overall spending by visitors dipped by half a percent. Their total collective spend reached approximately S$6.7 billion during the quarter, indicating a slight decrease per person.
Q.Which specific spending categories saw a decline in Singapore?
Which specific spending categories saw a decline in Singapore?
Tourist spending on shopping dropped by 9 per cent, while accommodation saw a 13 per cent decrease. Food and beverage expenditure also fell, declining by 16 per cent during the first quarter.
Q.Which areas of tourist spending saw an increase?
Which areas of tourist spending saw an increase?
Tourists chose to spend more on sightseeing, gambling, and entertainment. Collectively, these categories saw a 6 per cent increase in expenditure, contrasting with declines in retail, hotels, and dining.
Q.Which countries were the main source of visitors and spending for Singapore?
Which countries were the main source of visitors and spending for Singapore?
China, Indonesia, and India were identified as the largest source countries for both visitor numbers and spending. These three nations contributed significantly to the tourist market during the first quarter.
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