Singapore Forecasts Weaker Tourism Spending Amid Global Uncertainty

Despite an expected rise in visitor arrivals, Singapore anticipates a decline in tourism spending due to geopolitical tensions and higher fuel costs. The Singapore Tourism Board projects 2026 receipts between SGD31 billion and SGD32.5 billion, down from the record SGD32.8 billion in 2024.

By Sydney Goh · CNBC ·

Singapore Forecasts Weaker Tourism Spending Amid Global Uncertainty

Topics: economic outlook global travel trends tourism

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