Chart of the Day: Check out where tourists in Singapore spend their money

Over a quarter was spent in shopping.

The strong international visitor arrivals in the city-state has translated into more money coming into Singapore, with tourism receipts expanding 20% in 2Q16 compared to a year before.

According to the latest figures from the Singapore Tourism Board, tourism receipts for the second quarter was estimated at S$6.1 billion.

This was on back of higher expenditure in shopping, which saw a growth of 65% to $1.5b. That alone constituted 25% of the total receipts.

Meanwhile, accommodation recorded a 30% increase to $1.4b. Food & Beverage (+41%) expenditures also grew at 13% to $762m

Sightseeing, Entertainment & Gaming expenditure, on the other hand, experienced a decline of 11% to $1.3b. 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!