Singapore arrivals up but tourism spending declines
Tourism arrivals were up in Singapore during the second quarter but overall spending declined.
Spending dipped 1.7% to $6.6 billion despite visitor arrivals growing 8% to 4.6 million.
Shopping and F&B expenditures were significantly down by 22% and 15% respectively and even money spent on tours and attractions dipped slightly compared to Q2 2017.
However room revenues continued to rise by 9.4% year on year with RevPAR at $181.
Visitor arrivals were highest in June, the month the landmark Donald Trump – Kim Jong Un summit took place in the city state.
China, Indonesia and India remain the top three source markets with Chinese travellers alone spending nearly $1 billion.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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