singapore travel & tourism market (2009 – 2015)

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2010 Publisher: Renub Research Published: May 2010 Singapore Travel & Tourism Market (2009 2015)

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http://www.renub.com/report/singapore-travel-tourism-market-2009---2015-19 Renub Research has announced the addition of "Singapore Travel & Tourism Market (2009 – 2015)" to its offering Contact Us Ankit Mishra Relationship Manager Sales & Marketing Div Renub Research Email: [email protected] Phone: +1-678-302-0700 (USA) +91-120-254-5750 (India) Web: http://www.renub.com/ About US: Renub Research is a leading Market Research and Information Analysis Company with centers at Noida India and Roswell USA. We have long-term experience especially in international Business-to-Business Researches, Surveys, Business and Consulting. Throughout the years we have acquired expertise in most market sectors, including Information Technology (IT), Telecoms, Life Sciences, Medical & Pharmaceuticals, Financial Services (Banking, Insurance, Reinsurance, M&A, etc.), Energy, Chemicals, Automotive, Retail, FMCG, Consumer Goods, Logistics, Governmental, Social, and Others.

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Page 1: Singapore travel & tourism market (2009 – 2015)

2010

Publisher: Renub Research

Published: May 2010

Singapore Travel & Tourism Market (2009 – 2015)

Page 2: Singapore travel & tourism market (2009 – 2015)

© Renub Research Page 2 of 8

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.

Page 3: Singapore travel & tourism market (2009 – 2015)

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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 non-

printable sources like Magazines, Newspapers, Trade Journals, White papers, Online paid

databases, News websites Government Agencies and Trade associations.

Page 4: Singapore travel & tourism market (2009 – 2015)

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Table of Contents

1. Executive Summary

2. Global Tourism – Overview

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

3. 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

4. Tourist Profile

4.1 Type of Accommodation

4.2 Travelling Companions

4.3 Information Gathered before Visiting & Sites Visited

5. 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)

Page 5: Singapore travel & tourism market (2009 – 2015)

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7. Singapore – Medical Tourism

7.1 Medical Tourist Arrivals

7.2 Medical Tourism Market

8. 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

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

9. 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

Page 6: Singapore travel & tourism market (2009 – 2015)

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Page 7: Singapore travel & tourism market (2009 – 2015)

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