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S'pore banks see surge in card spend on travel, with momentum set to continue
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The increase in spending is being driven by huge pent-up demand and higher costs of travel.
ST PHOTO: LIM YAOHUI
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SINGAPORE - Travel is taking off at last with card spending on air tickets and overseas hotels reaching levels not seen since the pandemic hit.
The increase is being driven by two factors - the huge pent-up demand among people who have been stuck at home for two years as well as the higher costs of travel.
