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Singapore Units New Tourism Data with Surging Arrivals from China, Indonesia, India, Malaysia, Australia, the Philippines, the USA, South Korea, the UK, and Japan in 2024
Wednesday, February 5, 2025
Singapore skilled a outstanding surge in tourism in 2024, welcoming 16.5 million worldwide guests—a formidable 21% enhance from the earlier yr. This rise in arrivals additionally drove tourism spending to new heights, with receipts reaching S$22.4 billion (US$16.4 billion) from January to September 2024, establishing a contemporary benchmark in customer expenditure.
Components Driving Progress
A number of parts contributed to this sturdy efficiency. The introduction of a visa exemption for Chinese language vacationers in early 2024 considerably boosted customer numbers from China. Improved air connectivity additional supported development, with Changi Airport reporting a 15% enhance in worldwide seat capability, restoring ranges to 98% of pre-pandemic figures.
Singapore’s vibrant lineup of occasions additionally performed an important function. Town hosted quite a lot of main sporting occasions, worldwide concert events, enterprise conferences, and large-scale commerce exhibitions, drawing guests from throughout the globe.
Prime Supply Markets
The vast majority of Singapore’s guests in 2024 got here from Asia, with China, Indonesia, and India main the way in which:
China: 3.08 million
Indonesia: 2.49 million
India: 1.20 million
Malaysia: 1.19 million
Australia: 1.17 million
Philippines: 779,000
United States: 692,000
South Korea: 595,000
United Kingdom: 580,000
Japan: 573,000
Document-Breaking Tourism Expenditure
Tourism receipts from January to September 2024 recorded a ten% year-on-year enhance. Chinese language vacationers led in spending, contributing S$3.58 billion, adopted by guests from Indonesia (S$2.13 billion) and Australia (S$1.44 billion). Sightseeing, leisure, and gaming noticed the very best development at 25%, whereas lodging spending rose by 17%, meals and beverage by 6%, and purchasing by 5%.
Progress within the Hospitality Business
Singapore’s resort sector additionally witnessed vital growth in 2024, mirrored in key metrics:
Common Room Fee (ARR): Elevated by 1.4% to S$276
Income Per Out there Room (RevPAR): Grew by 3% to S$226
Common Occupancy Fee (AOR): Climbed to 81.8%, up from 80.5% in 2023
The resort panorama expanded with 1,421 extra rooms, with noteworthy openings resembling The Commonplace Singapore and Mercure ICON Singapore Metropolis Centre.
New Points of interest and Cruise Sector Progress
Singapore enhanced its tourism attraction with new sights in 2024, together with:
Harry Potter: Visions of Magic at Resorts World Sentosa
The World of Studio Ghibli at Marina Bay Sands’ ArtScience Museum
Sentosa Sensoryscape, a multi-sensory expertise
Evening Safari’s Pangolin Path and Giants of Asia exhibit, including new wildlife encounters
The cruise sector additionally thrived, with 1.8 million passengers arriving from 340 ship calls. New cruise entrants included Anthem of the Seas and Silver Nova, whereas a number of cruise operators confirmed long-term homeporting in Singapore.
Constructive Projections for 2025
Singapore’s tourism outlook for 2025 stays sturdy, with customer arrivals forecasted to succeed in between 17.0 and 18.5 million. Tourism receipts are anticipated to climb additional, starting from S$29.0 to S$30.5 billion. Continued developments in air connectivity, newly developed sights, and a strong schedule of leisure and enterprise occasions will maintain Singapore’s standing as a premier world vacation spot.
