Even as the whole world is talking about an economic slowdown, Indians travelling abroad seem to have thrown their worries to the winds, if one goes by figures released by the Singapore Tourism Board (STB). Spending by Indian tourists visiting Singapore increased by 41 per cent to SGD 296 million in the third quarter of last year.
According to the figures, Indians were the top growth market for Singapore in terms of tourism receipts, boosted by an increase in business traffic during the third quarter with a total of 641,000 Indian tourists visiting Singapore in the first nine months of last year, a six per cent increase on the year. Indian tourists spent SGD 808 million from January to September 2011. According to a report by PTI, India remained the fifth largest tourist generating market for the city state, which is also popular among Indonesians, with 1.925 million visitors recorded during the January-September period, an increase of 14 per cent year on year. The biggest increase in visitors was from China with 1.23 million (39 per cent) visitors during the first nine months of 2011. Malaysian tourists increased by 13 per cent to 817,000 and Australian tourists increased by 10 per cent to 717,000, during the period. The five countries accounted for 54 per cent of the total visitors to Singapore, totalling 9.8 million for the period, an increase of 15 per cent from corresponding period in 2010. Tourism receipts or spending by tourists also increased by 22 per cent year-on-year to SGD 17 billion.
Click here to see the original article>According to the figures, Indians were the top growth market for Singapore in terms of tourism receipts, boosted by an increase in business traffic during the third quarter with a total of 641,000 Indian tourists visiting Singapore in the first nine months of last year, a six per cent increase on the year. Indian tourists spent SGD 808 million from January to September 2011. According to a report by PTI, India remained the fifth largest tourist generating market for the city state, which is also popular among Indonesians, with 1.925 million visitors recorded during the January-September period, an increase of 14 per cent year on year. The biggest increase in visitors was from China with 1.23 million (39 per cent) visitors during the first nine months of 2011. Malaysian tourists increased by 13 per cent to 817,000 and Australian tourists increased by 10 per cent to 717,000, during the period. The five countries accounted for 54 per cent of the total visitors to Singapore, totalling 9.8 million for the period, an increase of 15 per cent from corresponding period in 2010. Tourism receipts or spending by tourists also increased by 22 per cent year-on-year to SGD 17 billion.