The Singapore tourism industry continues to show remarkable growth, with a projected market size of USD 29,288 million in 2024. As one of the leading global tourism destinations, Singapore’s tourism sector is forecast to experience robust expansion, with expectations of reaching USD 45,050 million by 2034. This growth reflects a Compound Annual Growth Rate (CAGR) of 4.40% between 2024 and 2034, showcasing the nation’s commitment to becoming a premier travel hub in the region and worldwide.
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Key Drivers of Singapore’s Tourism Market Growth
- World-Class Infrastructure Development: Singapore’s…
