• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Singapore’s 2Q tourist income down 1.3pct

Nov 13, 2019 Newsdesk Latest News, Singapore, Top of the deck  


Singapore’s 2Q tourist income down 1.3pct

The Singapore Tourism Board says tourism receipts in the city-state fell by 1.3 percent year-on-year in the second quarter of 2019, to approximately SGD6.51 billion (US$4.78 billion). The decline was despite a slight increase in visitor arrivals during the reporting period, said the tourism authority in its latest quarterly report on the performance of the city-state’s tourism sector.

The data published earlier this month show that aggregate tourist spending in the quarter was pegged back by a decline in the accommodation segment, down 13 percent from the prior-year period, to nearly SGD1.31 billion.

Tourist spending on sightseeing, entertainment and gaming fell by 1 percent in year-on-year terms, to just above SGD1.44 billion, accounting for about 22 percent of total tourism receipts in the period.

Singapore is host to two casino resorts: Resorts World Sentosa, operated by Genting Singapore Ltd; and Marina Bay Sands, run by a unit of Las Vegas Sands Corp.

The city-state’s tourism body does not offer a detailed breakdown of services covered in each spending category, but the heading of “gaming, entertainment and sightseeing” includes spending on day tours, entrance fees for attractions and nightspots, and entertainment at the city’s casino resorts.

Visitors to Singapore spent nearly SGD1.39 billion in shopping in the three months to June 30, 11 percent higher than a year earlier.

Excluding spending on sightseeing, entertainment and gaming, tourists from China were the top spenders in Singapore in the April to June period, forking out SGD897 million, with about half of the spending going to shopping. Their spending was 10 percent lower from the prior-year period.

Visitor arrivals grew by 1.7 percent year-on-year to 4.6 million in the second quarter of 2019, driven by growth in the number of Chinese tourists, said the tourism board.

In the first half of 2019, visitor arrivals to Singapore reached slightly above 9.32 million, up 1.3 percent from the comparable period a year earlier. The number of visitors from China reached approximately 1.81 million in the six months to June 30, up 4.7 percent from the prior-year period.

Tourism receipts in the first half of 2019 stood at SGD13.06 billion, down 1.3 percent from a year earlier. Tourist spending on sightseeing, entertainment and gaming declined by 2 percent in year-on-year terms, to nearly SGD2.90 billion, said the tourism body.

Last year, Singapore saw a 6.2-percent increase in tourist volumes. The country’s 18.5 million tourist arrivals for 2018 set a record, while income from tourism rose by 1 percent to SGD27.1 billion. In February, the tourism board forecast that the amount tourists would spend in the city would rise by between 1 percent and 3 percent to between SGD27.3 billion and SGD27.9 billion.


  • tweet
Related articles
  • MBS can return to pre-Covid level in 2 years: Bernstein
    MBS can return to pre-Covid level in 2...

    Apr 14, 2022  

  • LVS can delay Singapore extension start to April 2023
    LVS can delay Singapore extension start...

    Apr 06, 2022  

More news
  • New Lim cruise biz only months after GEN HK in liquidation
    New Lim cruise biz only months after...

    May 18, 2022  

  • Kangwon drove 2021 S.Korea casino revenue growth: govt
    Kangwon drove 2021 S.Korea casino...

    May 18, 2022  


Latest News

New Lim cruise biz only months after GEN HK in liquidation

New Lim cruise biz only months after GEN HK in liquidation

May 18, 2022  

A casino cruise brand reportedly controlled by Malaysian entrepreneur Lim Kok Thay is to launch services from Singapore fewer than five months after the Lim family-founded Dream Cruises brand of the...
Read More
Kangwon drove 2021 S.Korea casino revenue growth: govt

Kangwon drove 2021 S.Korea casino revenue growth: govt

May 18, 2022  

Over 7.9mln Bloomberry shares vested to some senior execs

Over 7.9mln Bloomberry shares vested to some senior execs

May 18, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$10 billion

Target set by gaming equipment and online content provider Light & Wonder for total capital creation from 2022 to 2025



Most Popular

  • Wynn CEO, Macau execs in base pay cut in return for sharesWynn CEO, Macau execs in base pay cut in return for shares May 17, 2022
  • Macau repeat visitors denied visa by China says BernsteinMacau repeat visitors denied visa by China says Bernstein May 16, 2022
  • Macau GGR tax cut may spur 15pct EBITDA hike: JP MorganMacau GGR tax cut may spur 15pct EBITDA hike: JP Morgan May 16, 2022
  • U.S. says Steve Wynn ‘foreign agent’, lobbied for ChinaU.S. says Steve Wynn ‘foreign agent’, lobbied for China May 18, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us