Singapore’s tourism sector achieved historic highs in 2024

Singapore’s tourism sector achieved historic highs in 2024, with tourism receipts (TR) hitting the upper bound of forecasts and visitor arrivals (IVA) surging to 16.5 million, a 21% increase from 2023. The strong performance, driven by a robust events calendar, growing air connectivity, and new attractions, reaffirmed Singapore’s position as a global tourism powerhouse.

Talking about the tourism sector’s growth, Melissa Ow, Chief Executive of the Singapore Tourism Board (STB), said: “In 2024, Singapore’s tourism sector posted a strong performance, an affirmation of the industry’s efforts in refreshing our products and experiences, as well as embarking on new collaborations this past year….