Sightseeing, Entertainment and Gaming Industries top the Travel Spent in Singapore

  • Published by Ozgur Tore

Singapore Tourism Board (STB) released Singapore’s Tourism Sector Performance report for Quarter One (Q1) 2014.

Singapore recorded 3.9 million International Visitor Arrivals (IVA) for Q1 2014. Indonesia (749,000), P R China (557,000), Malaysia (288,000), Australia (270,000), and Japan (215,000) were Singapore’s top five international visitor generating markets from January to March 2014. These markets accounted for 54% of total IVA for the first quarter.


Visitor arrivals from South Korea (+17%) and Vietnam (+13%) recorded double-digit positive growth rates from January to March 2014. Conversely, arrivals from P R China continued to slow down in the first quarter (-14%), albeit at a lesser rate than Q4 2013 (-31%).


In the first quarter of 2014, Tourism Receipts (TR) grew 5 per cent year-on-year to S$6.0 billion. Growth in TR was driven by Sightseeing, Entertainment & Gaming (+19%), Accommodation (+2%) and Other TR Components (+5%). Spending by the BTMICE segment (+4%) also increased after reported corporate cutbacks last year. Sightseeing, Entertainment & Gaming (SEG) recorded the largest year-on-year increase at 19 per cent as both integrated resorts reported increases in their overall gaming revenues. However, declines in spending on shopping (-6%) and F&B (-1%) were observed in Q1 2014.

Gazetted hotel room revenue showed a strong 12 per cent growth to hit S$0.8 billion in Q1 2014.

Excluding expenditure on Sightseeing, Entertainment & Gaming (SEG), P R China (S$800 million), Indonesia (S$658 million) and India (S$284 million) were the top three TR generating markets in Q1 2014, and made up 39 per cent of TR (excluding SEG).


Of the top 10 markets, Japan (+11%), UK (+11%) and Thailand (+8%) had the highest year-on-year growth in TR. All three markets were boosted by increased BTMICE traffic in Q1 2014. The per capita spending of business travelers from Japan and the United Kingdom also recorded double-digit increases.

Indonesia (-12%), India (-3%), Philippines (-3%) and P R China (-1%) registered declines in TR (excluding SEG) compared to the same period last year. Indonesia’s TR performance was impacted by a drop in per capita spend while India’s TR was primarily driven down by a fall in arrivals and per capita spend of Leisure visitors. The decline in Philippines’ TR, on the other hand, was mainly led by the decline in visitor arrivals from the BTMICE segment.

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