What motivates Singaporeans to increase travel spending
The top reason is to see their friends and family.
A survey revealed that Singaporeans are looking to increase their spending for travel, with 43% saying they want to see their family and friends as the top reason.
Other reasons include pandemic savings granting the freedom the travel (40%), and the fact that the last few years have been tough, encouraging the desire for a break (35%).
Singaporean travellers will spend loyalty points, choose travel providers who allow customers to pay in their currency, and use pre-paid debit cards that hold multiple currencies.
The study from Outpayce from Amadeus surveyed 4,500 travellers from across the US, UK, French, German and Singaporean markets during the second quarter of 2023.