Singapore tourism takings hit $6 billion as hotel revenue rises 12 per cent on last year
Published on Jul 21, 2014 4:09 PM
SINGAPORE - The tourism receipt tally in Singapore rose to $6 billion in the first quarter of 2014, a five per cent increase on the same period last year.
The growth was driven mainly by sightseeing, entertainment and gaming, which went up by 19 per cent, according to a report by the Singapore Tourism Board.
Meanwhile, gazetted hotel room revenue grew by a robust 12 per cent to hit $0.8 billion in the first quarter, with overall revenue per room edging up by 2.2 per cent.
International visitor arrivals, however, held steady at 3.9 million. There was a 14 per cent dip in arrivals from China, which followed a new tourism law introduced in October last year, which clamped down on cheap shopping tours sold at or below cost.