China boosting tourism in Singapore - Betting News | Sports News | Casinos News | Gaming Reviews

China boosting tourism in Singapore

In spite of testing financial conditions, a year ago will supposedly observe Singapore having invited more travelers than any time in recent memory with these guests having spent a record $17.5 billion on candy parlor, shopping and convenience. “The strong tourism receipt results came on the back of visitors spending more on food and beverage, shopping and accommodation,” read a statement from the Singapore Tourism Board. “Tourism receipts from China increased mainly due to a volume-driven growth while Indonesia and India saw tourism receipts growing on the back of visitors spending more on shopping and accommodation.” The Singapore Tourism Board, which had heightened its showcasing endeavors in China, India and Indonesia, besides anticipated that 2017 will see remote guests burn through $17.6 billion to $18.1 billion with universal landing numbers remaining moderately level at 16.4 million to 16.8 million. “Global economic and political uncertainties will probably continue to persist and there will be increasing regional competition for tourism dollars,” read the statement from the Singapore Tourism Board. “However, Singapore can benefit from the projected tourism growth in the Asia-Pacific region.”

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As per a preparatory yearly report from the Singapore Tourism Board discharged yesterday, a surge in the quantity of explorers from China will help the previous British enclave to record a 7.7% expansion year-on-year in complete sightseers to 16.4 million while the spending figure is set to speak to a swell of just about 14%. “We are heartened by the strong tourism sector performance in 2016,” read a statement from Lionel Yeo, Chief Executive Officer for the Singapore Tourism Board. “Despite challenges such as weaker economic performance in some of Singapore’s top source markets and a Zika virus outbreak, Singapore has managed to attract more quality visitors to contribute to economic growth.”

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