‘Encouraging signs of recovery’ even as Singapore’s tourism sector hits new lows in 2021: STB

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SINGAPORE: Singapore’s tourism numbers hit new lows in 2021, but there have been “encouraging signs of recovery” amid the introduction of vaccinated travel lanes (VTLs) and strong domestic consumption, said the Singapore Tourism Board (STB) on Tuesday (Jan 25). In 2021, there were 330,000 visitor arr

SINGAPORE: Singapore’s tourism numbers hit new lows in 2021, but there have been “encouraging signs of recovery” amid the introduction of vaccinated travel lanes and strong domestic consumption, said the Singapore Tourism Board on Tuesday .

“We must anticipate setbacks and challenges even as the tourism industry recovers slowly. But I am confident that the tourism industry has learnt from its experiences, and is poised to recapture demand when it returns.”STB noted that visitor arrivals increased 221 per cent in the last three quarters of 2021, compared to the same period in 2020.

In the first nine months of 2021, tourism receipts reached S$1.2 billion, with visitors from China, Indonesia and India contributing S$432 million, S$127 million and S$58 million in receipts respectively.at least once, resulting in S$300 million in voucher transactions – S$120 million of which were out-of-pocket payments for bookings.

As for leisure and lifestyle events, the statutory board added that it will also “expand the range and scale” of such events in 2022 “to meet local demand and ensure that Singapore remains attractive to international visitors”.and"strong month-on-month growth for most of the year". As for the cruise industry, there has been a strong rebound after"cruises-to-nowhere" were launched in late 2020, with more than 400,000 domestic passengers on close to 300 sailings, said STB.

The campaign has been launched in Germany and India, and will be progressively launched in more markets including Australia, the United Kingdom, the United States, and South Korea.

 

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Yeah, there will be more signs of recovery when you increase your tax.

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