Marketsmonitor Releases Report on Opportunities in Singapore Tourism Industry (2007-2009)

Tourism is one of the largest service sectors ofWith focus on different parameters, including
Singapore. As of 2007, the tourism industryinbound tourism, outbound tourism, expenditure
contributed 3% to Singapore’s GDP, andby inbound tourists, medical tourism, and hotel
generated US$ 9.4 Billion in tourism receipts. Thisindustry, the report gives a thorough analysis on
clearly shows the important role tourism industrythe tourism industry of Singapore.
plays in Singapore’s economy. To ensure that“Opportunities in Singapore Tourism Industry
tourism remains a key economic pillar, a bold(2007-2009)” also provides an overview on
target, Tourism 2015, was unveiled in the yearthe global, Asia-pacific and ASEAN tourism
2005. The major objectives of the initiative are toindustry, helping the clients to evaluate and
triple tourism receipts to US$ 30 Billion, doublinganalyze the present and future position of
visitor arrivals to 17 Million, and creating anSingapore’s tourism industry with respect to
additional 100,000 jobs in the services sector byworld and other regions.
2015, according to “Opportunities in SingaporeThe report provides industry forecast on various
Tourism Industry (2007-2009)”.segments of tourism industry based on feasible
Singapore is one of the most popular touristtourism industry environment in Singapore. These
destinations in Asia-Pacific region. Tourism industryinclude:
in Singapore is growing very rapidly for the past- Tourists arrivals
several years. Tourism industry is strengthening- Tourism receipts
by the infrastructure developments, various- Outbound tourism
events and the countries strategic location in the- Outbound tourism expenditure
heart of region.- Medical tourism industry
This report provides an insight into- MICE industry
Singapore’s tourism industry and studies itsThe report provides an insight on key players in
past, present and future scenario. It offers athe tourism industry of Singapore, including
detailed study on the forces driving the industrySingapore Airlines Ltd., Cathay Pacific Airways
and discusses the key factors which are makingLimited, PT Garuda Indonesia, Qantas Airways
Singapore a potential tourism destination. ItLimited, Thai Airways International PCL, Shangri-la
provides strategic insight into the market toHotel, Chan Brothers Travel Pte Ltd, Prime Travel
analyze the opportunities critical for the success& Tour Pte Ltd and WTS Travel &
of clients in Singapore tourism industry.Tours Pte. Ltd.