2010
Singapore Travel & Tourism Market (2009 2015)
Publisher: Renub Research Published: May 2010
Report Details
Singapore Travel & Tourism Market (2009 2015) published by Renub Research provides an in-depth analysis of the present and future prospects of the Singapore travel and tourism industry. The report has been researched at source Globally and Singapore specific, and features latest-available data covering: Global tourist arrival and receipts International and Outbound tourism globally Top 10 spenders globally Inbound and Outbound tourist arrivals Expenditure in Singapore by top 10 countries Hotel industry - No. of hotels & rooms, revenue generation from hotels, Average Occupancy Rate, Average Room Rate & Revenue per Available Room data is available Singapore Inbound, Outbound tourist arrival and expenditure forecast till 2015 Sectors Holiday, Business Travel & MICE Industry (Meetings, Incentives, Conventions, Exhibitions) Cruise Tourism, Formula One Grand Prix Race, and Casino Tourism have been analyzed in the report.
Research Highlights
Globally International tourist arrivals reached 922.4 Million, up from 904.3 Million in 2007, representing a growth of 2%. It is estimated that by 2020 international tourists arrival will cross the mark of 1.5 Billion tourists arrivals globally. Singapore Inbound tourist arrivals have crossed the 10 Million mark by the end of 2008. It is expected that the Inbound tourist arrival in Singapore will increase with a CAGR value of around 10.18% for the period spanning from 2009-2015. It is forecasted that Singapore tourism receipts will increase with a CAGR value 15.71 % for the period spanning 2009-2015.
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Business Meetings, Incentives, Conventions, Exhibitions are the second highest region for travelers to visit Singapore from 2006 to 2008 and its increasing its share rapidly. Singapore hotel room revenue has grown with a CAGR of 15.5% for the period of 2004 to 2008. Internet is the most preferred medium to gather information by tourist, In 2008 more than 50% tourists gathered information from internet. Singapore cruise passenger is expected to cross the figure of 1 Million by 2015. Formula One Grand Prix Race is attracting lots of tourists to Singapore and generated more than US$ 100 Million of Tourism Receipts in 2008. Casino tourism is going to be another major revenue earner for Singapore tourism.
Key Players Analyzed This section covers the key facts about the major players (airlines, hotels and tour operators) currently operating in the Indian tourism industry. The key players analyzed in this section include - Airlines: Cathay Pacific Airways Ltd, Garuda Indonesia, Singapore Airlines Ltd, Thai Airways International Ltd, Hotels: Meritus Mandarin, Singapore, The Pan Pacific Hotel, Singapore, Tour Operators: Prime Travel & Tour, WTS Travel & Tours Data Sources Information and data in this report has been collected from various printable and nonprintable sources like Magazines, Newspapers, Trade Journals, White papers, Online paid databases, News websites Government Agencies and Trade associations.
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Published By
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Singapore Travel & Tourism Market (2009 2015) Renub Research, 2010 Edition 1.0 All rights reserved. This publication is protected by copyright. No part of it may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic mechanical, photocopying, recording or otherwise without the prior written permission of the publishers.
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Table of Contents
1. 2. Executive Summary Global Tourism Overview 2.1 2.2 2.3 2.4 2.5 2.6 2.7 3. International - Tourist Arrivals by Sub-Region International Tourism Receipts by Sub-Region Top Ten Countries Tourist Arrivals and Receipts Purpose of Visit and means of Transport International Outbound Tourism International Tourisms top Spenders Global By Region Forecast of International Tourist Arrivals
Singapore Tourism - Overview 3.1 3.2 3.3 3.4 Inbound Tourist Arrivals & Forecast Tourism Receipts & Forecast Outbound Tourist Departures Percentage Distribution in Outbound Tourism
4.
Tourist Profile 4.1 4.2 4.3 Type of Accommodation Travelling Companions Information Gathered before Visiting & Sites Visited
5.
Hotel Accommodation 5.1 5.2 Number of Hotels & Revenue Generation by Hotels Rooms by Tire (Luxury, Upscale, Mid-Tire, Economy) & Average Occupancy Rate, Average
Room Rate & Revenue per Available Room 6. Expenditure of Visitors 6.1 6.2 Top 10 Total Expenditure of Visitors Major Expenditure Items (Shopping, Accommodation, Food & Beverage, Medical, Local
Transport, Sightseeing/Entertainment) 6.3 Top 10 Shopping Spenders (Countries) Page 5 of 13
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7.
Singapore Medical Tourism 7.1 7.2 Medical Tourist Arrivals Medical Tourism Market
8.
Industry Performance Growth Factors 8.1 8.2 8.3 Financial Grants & Tax Incentives Entrance of Low Cost Carriers Holiday, Business Travel & MICE Industry (Meetings, Incentives, Conventions, Exhibitions)
Penetration 8.4 8.5 8.6 8.7 9. Cruise Tourism in Singapore Formula One Grand Prix Race in Night is an added Attraction Casino Tourism Singapore Attempt to be Las Vegas of Southeast Asia Growth in Medical Tourism due Strong Government Support & Stringent Healthcare Laws
Key Players 9.1 Airlines Cathay Pacific Airways Ltd Garuda Indonesia Singapore Airlines Ltd. Thai Airways International Ltd.
9.1.1 9.1.2 9.1.3 9.1.4 9.2
Hotels Meritus Mandarin, Singapore The Pan Pacific Hotel, Singapore
9.2.1 9.2.2 9.3
Tour Operators Prime Travel & Tour WTS Travel & Tours
9.3.1 9.3.2
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List of Figures:
Figure 2-1: Global - International Tourist Arrivals (Million), 1990, 1995, 2000, 2005 2008 Figure 2-2: Global International Tourism Receipts (Billion US$), 1990, 1995, 2000, 2005 2008 Figure 2-3: Global - Inbound Tourism by Purpose of Visit (Percent), 2008 Figure 2-4: Global - Inbound Tourism by Means of Transport (Percent), 2008 Figure 3-1: Singapore Tourist Arrivals & Percentage Change Year on Year, (Millions & Percent), 2004 2008, 1H 2009 Figure 3-2: Singapore - Forecast for Inbound Tourist Arrivals (Billion), 2009 - 2015 Figure 3-3: Singapore Inbound Tourism Receipts & Percent Change Year on Year (Billion US$, Percent), 2004 2008, 1H 2009 Figure 3-4: Singapore - Forecast for Inbound Tourism Receipts (Billion US$), 2009 - 2015 Figure 3-5: Singapore Outbound Tourist Departures (Numbers), 2004 - 2008 Figure 3-6: Singapore Means of Outbound Tourist Departures (Percent), 2004 - 2008 Figure 4-1: Singapore Type of Accommodation (Percent), 2005 2008 Figure 4-2: Singapore Travelling Alone & With Companions (Percent), 2005 2008 Figure 4-3: Singapore Average Family Size & Average Party Size (Number), 2005 2008 Figure 5-1: Singapore - Supply of Gazetted Hotels and Hotel Rooms (Number), 2004 - 2008 Figure 5-2: Singapore - Total Revenue of Gazetted Hotels (Million S$, Percent), 2004 2008 Figure 5-3: Singapore All Hotels Average Occupancy Rate, Average Room Rate and Revenue per Available Room (Number S$, Percent), 2008 Figure 5-4: Singapore - By Tire (Luxury, Upscale, Mid-Tire, Economy) Average Occupancy Rate, Average Room Rate and Revenue per Available Room (Number S$, Percent), 2008 Figure 6-1: Major Expenditure Items (Shopping, Accommodation, Food & Beverage, Medical, Local Transport, Sightseeing/Entertainment & Others) (Million S$ & Percent), 2008 Figure 6-2: Total Expenditure of Visitors & Per Capita Expenditure by Major Expenditure Items (Shopping, Accommodation, Food & Beverage, Medical, Local Transport, Sightseeing/Entertainment & Others, 2004-2008 Figure 6-3: Singapore - Top 10 Shopping Spenders (Percentage Change), 2008 Figure 7-1: Singapore Medical Tourist Arrivals (Thousand), 2004 2008E Figure 7-2: Singapore Forecast for Medical Tourist Arrivals (Thousand), 2009 2013 Figure 7-3: Singapore Medical Tourism Market (Million US$), 2004 2008E Figure 7-4: Singapore Forecast for Medical Tourism Market (Million US$), 2009 2013 Figure 8-1: Singapore Means of Arrival (Air, Sea, Land) (Percent), 2008 Figure 8-2: Singapore - Holiday, Business Travel & MICE (Meetings, Incentives, Conventions, Exhibitions) Penetration (Percent Breakdown), 2005 - 2008 Figure 8-3: Singapore Forecast Tourist Arrivals on Cruise (Million), 2015
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Figure 8-4: Singapore - Annual Cruise Ships and Passenger throughput Volume (Number & Thousand) (2004 2008, 1H 2009) Figure 8-5: Singapore Tourist Arrivals for 2008 Formula One Race & Tourism Receipts (Thousand, Million US$), 2008 Figure 8-6: Singapore - Investment in Casino Tourism (Billion US$), 2009
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List of Tables:
Table 2-1: Global By Geographic Region International Tourist Arrivals (Million, Percentage Change), 1990, 1995, 2000, 2005 2008 Table 2-2: Global By Geographic Region International Tourism Receipts (Billion US$), 2007 & 2008 Table 2-3: Global International Tourist Arrivals (Million & Percent Change Over Previous Year), 2007 & 2008 Table 2-4: Global International Tourism Receipts (Billion US$ & Percentage Change Over Previous Year), 2007 & 2008 Table 2-5: Global By Geographic Region International Outbound Tourist Arrivals (Million & Percentage Change Over Previous Year), 1990, 1995, 2000, 2005 - 2008 Table 2-6: Global Top 10 Countries International Tourism Expenditure (Billion US$), 2007 & 2008 Table 2-7: Global Forecast for International Tourist Arrivals (Million), 2010 & 2020 Table 3-1: Singapore - By Geographic Region Inbound Visitors Arrivals (Numbers), 2001 2008 Table 4-1: Singapore - Travel with Companions (Amongst those who didnt travel alone) (Percent), 2005 2008 Table 4-2: Singapore Before Visiting Information Gathering by Tourist (Percent) 2005 2008 Table 4-3: Singapore Paid-Access Sites Visited by Tourists (Percent), 2005 2008 Table 4-4: Singapore Free-Access Sites Visited by Tourists (Percent), 2005 2008 Table 6-1: Singapore - Top 10 Total Expenditure of Visitors Generating Markets (Million S$, Percentage Change), 2008 Table 6-2: Singapore - Top 10 Total Expenditure of Visitors and Per Capita Expenditure Generating Markets (Million S$, Percentage Change), 2008 Table 6-3: Singapore Major Expenditure Items (Shopping, Accommodation, Food & Beverage, Medical, Local Transport, Sightseeing/Entertainment & Others) Year-On-Year Percentage (%) Change, 2007 - 2008 Table 6-4: Singapore Top 10 Shopping Spenders (Countries) (Million S$), 2008 Table 7-1: Singapore Healthcare Facilities (Number), 2005 2007 Table 9-1: Cathay Pacific - Key Financials (Million US$), 2006 - 2008 Table 9-2: Garuda Indonesia - Key Financials (Trillion US$), 2007 - 2009 Table 9-3: Singapore Airlines Ltd - Key Financials (Million US$), 2006 - 2008 Table 9-4: Thai Airways International Ltd - Key Financials (Million US$), 2006 - 2008
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