Hotel room prices in the nation fell to $337.60 per night from $347.10 (US$256) in 2018.
Singapore became the fourth most expensive location in Asia for business travel, with a typical business trip costing an average of $634.52 (US$468) per day, according to a study by ECA International.
“The cost of a business trip to Singapore has stayed relatively static due to the steady level of international business travel to the country,” said Lee Quane, Regional Director – Asia at ECA International.
He also added that the hotel room prices dropped to $337.60 (US$249) per night from $347.10 (US$256) in 2018.
Meanwhile, Hong Kong remained as the most expensive location in Asia for business travel as business travel expenses could reach an estimated $698.26 (US$515) per day. Tokyo and Seoul followed at $669.78 (US$494) and $646.74 (US$477), respectively.
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