Singapore expects up to 10% rise in 2012 visitor arrivals

Singapore expects up to 10% rise in 2012 visitor arrivals

Singapore hopes to attract up to 10 per cent more visitors this year.

The Singapore Tourism Board (STB) has projected visitor arrivals to be between 13.5 and 14.5 million this year, an increase of up to 10 per cent from 2011.

The growth will be slower than the 13.8 per cent pace achieved in 2011.

STB also projected tourism receipts to reach S$23 billion to S$24 billion this year, an increase of up to 8 per cent from last year.

Second Minister for Trade and Industry S Iswaran revealed the figures at the annual Tourism Industry Conference on Friday.

It was held at the MAX Atria @ Singapore Expo and attended by more than 800 industry partners.

Singapore's tourism industry has done well in the past two years, but STB wants to focus on growing Singapore's share of the tourism pie by increasing the amount of money visitors spend while in Singapore.

From a low of S$12.6 billion in 2009, tourism receipts have more than doubled to S$22.2 billion in 2011.

The government will pump S$640 million to seed new tourism projects over five years.

Three new areas of growth have also been identified.

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