Singapore's international visitors reach 13.6 million in 2023
Most of them are from Indonesia, China, and Malaysia
Singapore's international visitors reach 13.6 million in 2023
INSURANCE NEWS
By Abigail Adriatico
02 Feb 2024

The number of international visitors arriving in Singapore doubled in 2023, according to an article by Bloomberg.

The number of arrivals reached 13.6 million, with most of them coming from Indonesia, China, and Malaysia. The total was only 71% of the international visitor arrivals recorded in 2019.

According to the Singapore Tourism Board, the country’s tourism receipts had surpassed a forecast of S$21 billion as it reached an estimated figure of S$24.5 billion to S$26 billion. The average rate for hotel rooms reached S$282, which exceeded the levels seen before the pandemic.

The tourism board further said that the travel industry is predicted to continue its recovery in 2024, as its improvement was caused by better global flight connectivity as well as a 30-day visa-free travel between China and Singapore.

The number of visitor arrivals were expected to reach 15 to 16 million, which will bring S$26 billion to S$27.5 billion in tourism receipts.

In 2023, Singapore hosted international acts which included Blackpink, Jacky Cheung, and Robbie Williams. For this year, artists that have sold out shows in the country are Coldplay, Taylor Swift, Bruno Mars, and Ed Sheeran.

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