The first quarter for Singapore’s tourism industry has thrown mixed results. At the back of economic slowdown and global uncertainties, tourist arrivals have increased by 1% year on year to reach a figure of 4.7 million even as their spending has gone down.
According to figures from the Singapore Tourism Board (STB) as a part of its quarterly report, $6.5 billion spending was recorded in the first quarter of 2019 which is a decline of 4.8% when compared to the spending in the first quarter of 2018.
The corresponding figures for accommodation was down 12%, food and beverages were down 7%, shopping was down 7% and others that include gaming, entertainment and sightseeing saw a decline of 3% in spending.
The only category that saw the visitors spending more than in 2018 was the miscellaneous category which includes local transportation, expenditure on airfare in Singapore based airlines and medical tourism.
This grew by 2% and reached a figure of $1.86 billion which interestingly contributes maximum share to tourism spending.
The revenue for hotel rooms in the gazetted category increased by 4.3% surpassing the $1 billion mark.
This is being largely attributed to 1% increase in the average tariff for the rooms to S$222.
India, Indonesia and China accounted for the largest stage of visitors to Singapore with the arrivals remaining largely stable.