HOTELS & TOURISM | Staff Reporter, Singapore

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. 

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