Thursday, June 3, 2010

Tourism contributes some 4% to Singapore’s GDP and is set to grow, boosted by a SGD 2 billion Tourism Development Fund.

Tourism contributes some 4% to Singapore’s GDP and is set to grow, boosted by a SGD 2 billion Tourism Development Fund.








Singapore’s reputation for shopping and dining is world-renowned and in recent years, our buffet of choices to tourists has both widened in scope and deepened in sophistication. Today, Singapore is well-regarded internationally as an all-round leisure and business destination.























The amazing two Integrated Resorts (IRs) has opened in 2010, they will boost tourism figures exponentially, with their engaging combination of convention and exhibition facilities, themed attractions, entertainment venues, recreation facilities, and hotel and retail mix. Marina Bay Sands will be an iconic centrepiece of the Marina Bay area when completed. With a development investment of S$3.84 billion by Las Vegas Sands, it will be one of the most expensive and lavish casinos in the world. Resorts World at Sentosa by consortium Genting International and Star Cruises will embrace a more family-encompassing entertainment theme, featuring the first Universal Studios in Southeast Asia, the world’s largest Marine Life Park and a destination spa.








Even before the opening of the IRs, other recent tourist magnets have created buzz and international attention, including the Formula 1 Singtel Singapore Grand Prix night race and the Singapore Flyer.






Major employers in the tourism and hospitality industry include hotels, attractions, Meetings, Incentives, Conventions and Exhitbitions (MICE) sector, travel companies, retail establishments and food and beverage enterprises.