Published:
Visitor arrivals grew 13.4% YoY in Jan 2012
Arrivals from China spiked up 52.8% YoY to 201.7k.
Visitor arrivals maintained strong growth of 13.4% YoY in Jan 2012 to reach 1.2m.
In that month, arrivals from the three largest countries of origin, namely Indonesia, China and Malaysia, saw solid increases. These countries accounted for 40% of all visitorarrivals last year.
Notably, arrivals from China spiked up 52.8% YoY to 201.7k in Jan.
"While some of the increase could be attributed to Chinese New Year falling in Jan instead of Feb this year, we note that the Jan-12 China number is 34.5% higher than the Feb-11 figure," says OCBC Investment Research.
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