WHAT IS TOURISM?
Here is a short video by the Singapore Government for promotion of tourism.
Why is tourism suited for Singapore?
Tourism industry unlike other tertiary businesses involves a wide spread range of activities like construction, regional development, investment, employment etc
>> It is a USP that is long term and hence less likely to decline because of structural economic change
>> Consumption trends are favorable towards the hospitality sector
Why is the tertiary sector suitable for Singapore?
Availability of well developed infrastructure
>> Limited land and natural resources; hence primary and secondary sectors are not suitable
>> Developed economy with high living standards, so nature of job seekers are professionals and skilled
>> Most value added
Tourism in Singapore Today
With more than 8 million visitors entering Singapore every year, tourism is a major industry for Singapore and accounts for about 5% of the city-state's gross domestic product and is being given high priority in long-term development plans. In 2010 Singapore attracted 11,638,663 tourists over twice Singapore's total population.
Kinds of Tourism
A tourist in Singapore has a type of diverse selection of places to visit with the plethora of choices before them. The tourism market is rich with destinations for leisure, medical, educational, commercial, ecological and sports purposes. The cosmopolitan city environment attracts a large number of tourists annually including those looking for adventure as well as those looking for a place to relax and rejuvenate .
Growing number of tourist arrivals in Singapore 1965-2012
It All Begins Here.
Airport Tourism.
About 60% of the Civil Aviation Authority of Singapore revenues are derived from "non-aeronautical" sources, the reverse of the usual revenue ratio for major airports.
