New Report Available: Singapore Tourism Report Q2 2016

From: Fast Market Research, Inc.
Published: Thu Apr 14 2016


Singapore has a very well- established and developed tourism sector. The country remains a popular stopover destination for long-haul travellers and is a growing short- haul destination for visitors from countries throughout the Asia Pacific region, particularly China and Indonesia. Although a small city state, Singapore offers a broad range of tourism attractions. We expect international arrivals to increase at a robust pace throughout our forecast period to 2020, supported by ongoing public investment in transport infrastructure and the hotel sector as well as benefitting from a pro-active global marketing campaign, providing a boost to already high tourism related expenditure and healthy industry value.

Full Report Details at
- http://www.fastmr.com/prod/1130991_singapore_tourism_report_q2.aspx?afid=301

Key Updates A nd Forecasts

Tourism arrivals to Singapore increased by 61,500 through the first eleven months of 2015, underscoring a turnaround for the sector following a difficult past two years. It is likely that full-year numbers will reach the STB's target of between 15.1 million and 15.5 million visitors for 2015.

Much of the growth came from key regional source markets such as China (an annual increase of 21%), India (up 7%) and Taiwan (up 11%).

A weak Singapore dollar will help support the competitiveness of Singapore's tourism sector over the next 12 months in a challenging regional economic environment.

The Singapore Tourism Report has been researched at source and features BMI Research's independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.

BMI's Singapore Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Singaporean tourism industry.

Key Benefits
Benchmark BMI's independent tourism industry forecasts for Singapore to test other views - a key input for successful budgetary and planning in the Singaporean tourism market.
Target business opportunities and risks in the Singaporean tourism sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Singapore.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

BMI Industry View

This contains a synopsis of our forecasts, and any changes, together with an overview of key trends and developments in the tourism industry, and an assessment of the impact of various economic and national factors which might affect the sector. It also covers new transport projects, new hotel developments, and acquisitions.

Industry SWOT Analysis

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Thailand Tourism Report Q2 2016
- China Tourism Report Q2 2016
- Brazil Tourism Report Q2 2016
- Oman Tourism Report Q2 2016
- Ukraine Tourism Report Q2 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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