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Singapore Tourism Putting in Corporeal Changes to achieve Target

With a target of 14 Million tourist arrivals by 2012, Singapore is building infrastructure and organizing some major events to mark itself as an attractive tourist destination on world map.

 



(EMAILWIRE.COM, January 23, 2009 ) New Delhi, India - A new market research report, “Opportunities in Singapore Tourism Industry (2007-2009)”, by RNCOS says that new infrastructure developments and organization of many mega events will fuel growth into Singapore’s tourism industry, taking the total international tourist arrivals to around 14 Million by 2012.

As per the report, new infrastructure developments are also adding to the growth of the Singapore's tourism industry. The country has recently launched its latest tourist attraction, The Singapore Flyer (Asia’s first-ever giant observation wheel). Furthermore, the government has allowed two casino resorts to open by 2010, in the hope of retaining the custom of its own citizens who have historically ventured overseas to gamble, as well as attracting high-rolling gamblers from rest of the countries.

The report identifies several major inaugural events conducted by Singapore Tourism Board (STB) such as the Singapore Air-Show and recently organized 2008 FORMULA 1™ Singtel Singapore Grand Prix as the significant drivers for the country’s tourism industry. In 2010, Singapore will host the inaugural Youth Olympic Games which will further spur the tourism industry. These events are boosting both inbound and domestic tourism, thus making the industry highly active.

These developments will definitely help Singapore to achieve its targets of 14 Million visitors by the year 2012.

“Opportunities in Singapore Tourism Industry (2007-2009)” provides an exhaustive research and rational analysis on the tourism industry of Singapore. This extensive research will help the clients to identify market trends and evaluate the leading-edge opportunities critical to the success of the tourism industry in the country. It gives an overview on the various factors driving the tourism market, like government’s role, and macroeconomic and demographic factors, together with the forces challenging the industry growth.

This research supplements the past and current information on the tourism industry in Singapore with forecast on various important industry parameters like tourist arrival, tourism receipts, outbound tourism, outbound tourism expenditure, medical tourism industry, MICE industry etc.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM504.htm

Check DISCOUNTED REPORTS on http://www.rncos.com

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

Contact Information:
RNCOS
Shushmul Maheshwari
Tel: 91-11-4214-1229
Email us


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Press Release Keywords:

Asia-Pacific tourism, Global Tourism, Singapore Tourism Performance Indicators, Opportunities in Singapore Tourism Industry

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