Market Intelligence
Travel and Tourism Singapore

Singapore Tourism

Singapore’s tourism to the U.S. is expected to increase in 2023.

The ASEAN region was severely impacted by the covid pandemic over the past three years.  This included a significant drop in business opportunities and tourism dollars as well as a drop in MICE (meetings, incentives, conventions, and exhibitions) activities. Singapore is a regional hub for the ASEAN region and was particularly impacted due to its small size and lack of domestic travel. However, Singapore is opening up and more Singaporeans are traveling.  In 2022, Singaporeans focused on trips to Asia, Australia, New Zealand, the Middle East, and Europe.  Bali, Bangkok, and Tokyo were the most popular cities to visit during the long school holidays in December. However, according to local travel agents, the focus for 2023 will be North America.

By sheer international volume, Singapore’s Changi Airport reported that 4th quarter passenger travel in 2022 was approximately 75 percent of 2019 figures, which is still the highest in the Asia-Pacific region. This is roughly equivalent to Bangkok, Thailand and Incheon, South Korea combined. The airport is cautiously optimistic that passenger movements in 2023 will increase at a faster rate.

For more information, please contact Commercial Specialist Mr. CHAN Yiu Kei.