Singapore rises as 2nd most expensive location in Asia for business travel

The average business trip to Singapore now costs US$515 per day.

Singapore has overtaken Tokyo to become the second-most expensive location in Asia for business travel, with the cost of a trip averaging US$515 ($689.42) per day.

Globally, Singapore ranked 19th.

According to ECA International, Singapore’s early removal of travel restrictions compared to other locations in Asia sparked a rise in demand for travel to the city, contributing to its rise in the rankings.

Compared to last year, the average cost of business travel to Singapore has increased by US$34 ($45.52). In local currency terms, the daily costs of business travel to Singapore increased by 10%

“Business travel to the city picked up earlier than most other locations in the region with the government’s comprehensive lifting of travel restrictions. The resulting increase in demand contributed to rises in hotel accommodation costs, while costs associated with other daily essentials consumed by business travellers also increased at a faster rate than other locations in the region.” Lee Quane, regional director – Asia at ECA International, said.

1 SGD = 0.75 USD

Follow the link for more news on

ECA International

Air travel

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia