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Singapore tourism figures drop 13% in January.
Sunday, 15th March 2009
Source : HVS International
The STB has announced a decline in tourist arrivals to Singapore by 13% in January 2009 to approximately 771,000 visitors compared to around 885,000 visitors in January 2008.

In addition, hotel revenue has also decreased by around 30% with hotel occupancy rates down to 67% in January 2009 against 85% during the same period in 2008.

Amidst the current global recession, the STB anticipates tourist income for 2009 to be approximately US$7.8 billion to US$8.1 billion compared to US$9.6 billion in 2008.

Correspondingly, tourist arrivals are expected to fall to nine million to 9.5 million in 2009 compared to 10.1 million in 2008.

www.hvs.com
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