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Tourism Flows Inbound in Singapore - New Market Report

Fast Market Research recommends "Tourism Flows Inbound in Singapore" from Euromonitor International, now available

 

Boston, MA -- (SBWIRE) -- 09/10/2014 -- International arrivals grew by 5% in 2013; a two percentage point decline from 2012. This was attributed to the drop in business travellers as there was a cut in corporate business budgets in general, resulting in fewer business trips. In addition, key source countries like Indonesia and Malaysia displayed sluggish arrival growth as the Singapore currency remained strong. Slower growth in tourism receipts was the next implication of the strong currency exchange rate as the cost of travelling to Singapore became slightly higher. Nonetheless, positive growth recorded was an indication that Singapore's tourism strategy remained relevant and productive.

Industry Prospects:

Overall inbound arrival is expected to see a value CAGR of 4% at constant 2013 prices, over the forecast period. This is due to the recovery of the global economy from economic slowdown and the array of events contracted in Singapore over the forecast period which will create a boost to inbound arrivals. Some of the major sporting events over the next few years which will attract international tourists' arrivals include,

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Report Overview:

Discover the latest market trends and uncover sources of future market growth for the Tourism Flows Inbound industry in Singapore with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Tourism Flows Inbound industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.

The Tourism Flows Inbound in Singapore market research report includes:

- Analysis of key supply-side and demand trends
- Historic volumes and values
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Tourism Flows Inbound in Singapore?
- How successful is Singapore in attracting international visitors?
- What are the leading inbound source markets?
- What do international visitors spend their money on?

Reasons to Get this Report:

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: Arrivals, Arrivals by Mode of Transport, Arrivals by Purpose of Visit.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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