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2010 Singapore Travel & Tourism Market (2009 – 2015)

Publisher: Renub Research Published: May 2010


Report Details “Singapore Travel & Tourism Market (2009 – 2015)” published by Renub Research provides an in-depth analysis of the present and future prospects of the Singapore travel and tourism industry. The report has been researched at source Globally and Singapore specific, and features latest-available data covering: 

Global tourist arrival and receipts

International and Outbound tourism globally

Top 10 spenders globally

Inbound and Outbound tourist arrivals

Expenditure in Singapore by top 10 countries

Hotel industry - No. of hotels & rooms, revenue generation from hotels, Average Occupancy Rate, Average Room Rate & Revenue per Available Room data is available

Singapore – Inbound, Outbound tourist arrival and expenditure forecast till 2015

Sectors – Holiday, Business Travel & MICE Industry (Meetings, Incentives, Conventions, Exhibitions)

Cruise Tourism, Formula One Grand Prix Race, and Casino Tourism have been analyzed in the report.

Research Highlights 

Globally International tourist arrivals reached 922.4 Million, up from 904.3 Million in 2007, representing a growth of 2%.

It is estimated that by 2020 international tourist’s arrival will cross the mark of 1.5 Billion tourist’s arrivals globally.

Singapore Inbound tourist arrivals have crossed the 10 Million mark by the end of 2008.

It is expected that the Inbound tourist arrival in Singapore will increase with a CAGR value of around 10.18% for the period spanning from 2009-2015.

It is forecasted that Singapore tourism receipts will increase with a CAGR value 15.71 % for the period spanning 2009-2015.

© Renub Research

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Business Meetings, Incentives, Conventions, Exhibitions are the second highest region for travelers to visit Singapore from 2006 to 2008 and it’s increasing its share rapidly.

Singapore hotel room revenue has grown with a CAGR of 15.5% for the period of 2004 to 2008.

Internet is the most preferred medium to gather information by tourist, In 2008 more than 50% tourists gathered information from internet.

Singapore cruise passenger is expected to cross the figure of 1 Million by 2015.

Formula One Grand Prix Race is attracting lots of tourists to Singapore and generated more than US$ 100 Million of Tourism Receipts in 2008.

Casino tourism is going to be another major revenue earner for Singapore tourism.

Key Players Analyzed This section covers the key facts about the major players (airlines, hotels and tour operators) currently operating in the Indian tourism industry. The key players analyzed in this section include - Airlines: Cathay Pacific Airways Ltd, Garuda Indonesia, Singapore Airlines Ltd, Thai Airways International Ltd, Hotels: Meritus Mandarin, Singapore, The Pan Pacific Hotel, Singapore, Tour Operators: Prime Travel & Tour, WTS Travel & Tours Data Sources Information and data in this report has been collected from various printable and nonprintable sources like Magazines, Newspapers, Trade Journals, White papers, Online paid databases, News websites Government Agencies and Trade associations.

© Renub Research

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Table of Contents 1.

Executive Summary

2.

Global Tourism – Overview

3.

4.

5.

2.1

International - Tourist Arrivals by Sub-Region

2.2

International Tourism Receipts by Sub-Region

2.3

Top Ten Countries Tourist Arrivals and Receipts

2.4

Purpose of Visit and means of Transport

2.5

International Outbound Tourism

2.6

International Tourism’s top Spenders

2.7

Global By Region – Forecast of International Tourist Arrivals

Singapore Tourism - Overview 3.1

Inbound Tourist Arrivals & Forecast

3.2

Tourism Receipts & Forecast

3.3

Outbound Tourist Departures

3.4

Percentage Distribution in Outbound Tourism

Tourist Profile 4.1

Type of Accommodation

4.2

Travelling Companions

4.3

Information Gathered before Visiting & Sites Visited

Hotel Accommodation 5.1

Number of Hotels & Revenue Generation by Hotels

5.2

Rooms by Tire (Luxury, Upscale, Mid-Tire, Economy) & Average Occupancy Rate, Average

Room Rate & Revenue per Available Room 6.

Expenditure of Visitors 6.1

Top 10 Total Expenditure of Visitors

6.2

Major Expenditure Items (Shopping, Accommodation, Food & Beverage, Medical, Local

Transport, Sightseeing/Entertainment) 6.3

Top 10 Shopping Spenders (Countries)

© Renub Research

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7.

8.

Singapore – Medical Tourism 7.1

Medical Tourist Arrivals

7.2

Medical Tourism Market

Industry Performance – Growth Factors 8.1

Financial Grants & Tax Incentives

8.2

Entrance of Low Cost Carriers

8.3

Holiday, Business Travel & MICE Industry (Meetings, Incentives, Conventions, Exhibitions)

Penetration

9.

8.4

Cruise Tourism in Singapore

8.5

Formula One Grand Prix Race – in Night is an added Attraction

8.6

Casino Tourism – Singapore Attempt to be Las Vegas of Southeast Asia

8.7

Growth in Medical Tourism due Strong Government Support & Stringent Healthcare Laws

Key Players 9.1

Airlines

9.1.1

Cathay Pacific Airways Ltd

9.1.2

Garuda Indonesia

9.1.3

Singapore Airlines Ltd.

9.1.4

Thai Airways International Ltd.

9.2

Hotels

9.2.1

Meritus Mandarin, Singapore

9.2.2

The Pan Pacific Hotel, Singapore

9.3

Tour Operators

9.3.1

Prime Travel & Tour

9.3.2

WTS Travel & Tours

© Renub Research

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Singapore travel & tourism market (2009 – 2015)