- Officials on Friday outlined a plan to increase tourism revenue in the city-state from a record-breaking $29.8 billion in 2024 to $47 billion-$50 billion in the next 15 years.
- Singapore’s “Tourism 2040” strategy centers on increasing demand from two distinct groups — business and stopover travelers.
- To attract leisure travelers, Singapore will lean on the growing demand for live events and cruises.
Inexpensive hotels and swaying palm trees have long attracted travelers to Southeast Asia, but Singapore is doubling down on a different strategy — focusing on increasing tourism receipts instead of traveler arrivals.
Officials on Friday outlined a plan to increase tourism revenue in the city-state from a…
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