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Singapore visitor numbers up

Singapore experienced a significant rebound in its international visitor arrivals in 2023, doubling to 13.6 million from the previous year, with leading sources being Indonesia, China, and Malaysia, reaching 71 percent of 2019’s levels. Tourism receipts for the year exceeded expectations, ranging from $18.13 billion to $19.24 billion (S$24.5 billion to S$26 billion), surpassing earlier forecasts. The average hotel room rate, at $208.68 (S$282), also exceeded pre-pandemic levels. The tourism industry is expected to continue its recovery in 2024, driven by enhanced global flight connectivity and a 30-day visa-free travel agreement between China and Singapore.

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