Tourism Industry News
Singapore Tourism Board Optimistic about 2010 Visitors
The Singapore Tourism Board (STB) forecasted its tourism industry prospects for 2010 at 11.5 million to 12.5 million in visitor arrivals and S$12.6 ($9.18 billion) to S$13.3 billion ($9.69 billion) in tourism receipts.
The STB attributes its optimistic forecast to Singapore’s “dramatic transformation” as a result of multi-billion-dollar investments in new tourism infrastructure. In 2010 Singapore will have several grand openings including two integrated resorts and Gardens by the Bay (three major waterfront gardens). A new International Cruise Terminal, a $320 million to $350 million facility will be unveiled in 2011 and will double the city’s cruise-handling capacity and be able to accommodate the world’s largest cruise ships, such as the Oasis class ships which are currently being built by Royal Caribbean Cruises.
Get the full story at: TravelPulse
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