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‘Encouraging signs of recovery’ even as Singapore’s tourism sector hits new lows in 2021: STB

SINGAPORE: Singapore’s tourism numbers hit new lows in 2021, however there have been “encouraging signs of recovery” amid the introduction of vaccinated journey lanes (VTLs) and robust home consumption, mentioned the Singapore Tourism Board (STB) on Tuesday (Jan 25).

In 2021, there have been 330,000 customer arrivals and an estimated S$1.9 billion in tourism receipts – a lot decrease than the 2.7 million arrivals and S$4.8 billion in receipts in 2020.

It can also be “only a fraction” of the 19 million guests and S$27.7 billion in receipts from earlier than the COVID-19 pandemic in 2019.

But STB famous some upsides such as year-on-year progress in the final three quarters of 2021.

“The introduction of numerous journey preparations, such as VTLs, has inspired the gradual return of worldwide travellers.

“Domestic consumption has also been strong, as the tourism sector pivoted to develop new and innovative experiences for locals,” it mentioned.

Mr Keith Tan, STB’s chief government, added that whereas it can take time for tourism numbers to return to pre-pandemic ranges, they’re inspired by the resilience of tourism companies in remodeling their companies and creating new merchandise.

“We must anticipate setbacks and challenges even as the tourism industry recovers slowly. But I am confident that the tourism industry has learnt from its experiences, and is poised to recapture demand when it returns.”

GROWTH IN LAST THREE QUARTERS OF 2021

STB famous that customer arrivals elevated 221 per cent in the final three quarters of 2021, in comparison with the identical interval in 2020.

Tourism receipts for the second and third quarter of 2021 additionally almost doubled from the identical interval a yr earlier than.

Of the worldwide arrivals who visited Singapore between January and December, China (88,000), India (54,000) and Indonesia (33,000) have been the biggest supply nations.

In the primary 9 months of 2021, tourism receipts reached S$1.2 billion, with guests from China, Indonesia and India contributing S$432 million, S$127 million and S$58 million in receipts respectively.

As for home tourism, about 1.9 million Singaporeans used their vouchers not less than as soon as, ensuing in S$300 million in voucher transactions – S$120 million of which have been out-of-pocket funds for bookings.

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