Thursday, the figures released by the Singapore Tourism Board showed that because of the global economic crisis, Singapore's tourism industry declined suddenly in the first half of 2009, as travelers reduced on their spending.
The board said, from January to June, visitor arrivals came to 4.5 million; which if compared to the first half of 2008, dropped by 11.5%.
Tourism receipts were expected at 6.4 billion Singapore dollars (4.43 billion US dollars), a drop of 13.5%.
The board hoped to see visitor arrivals to range from 9 million to 9.5 million for the whole year, compared with 10.1 million in 2008.
A drop of 12 billion to 12.5 billion Singapore dollars, from 2008's 14.8 billion Singapore dollars, were expected in the Tourist receipts.
The board said: "In the first half of 2009, total room revenues of Singapore's hotels reached 721 million Singapore dollars, down 33.2 per cent year-on-year. The overall occupancy rate in the city-state's hotels was 72 per cent for the first half of 2009, a drop of 11.1 percentage points from a year ago."
Royal Family Images
- Prince Charles trikes the the Royal Jubilee Bell named 'Charles'
- Prince Charles trikes the the Royal Jubilee Bell named 'Charles'
- Prince Charles trikes the the Royal Jubilee Bell named 'Charles'
- Prince Charles trikes the the Royal Jubilee Bell named 'Charles'
- Queen Elizabeth II walks with broadcaster David Attenborough
US News
- X-Box 360S Might Face Ban In US
- Fiat and Mazda Unite for Technological Development
- Facebook’s Poor Performance at Wall Street
- Google Finally Completes Its Deal of Purchasing Motorola Mobility; Dennis Woodside Appointed As CEO
- Flu Vaccination Proved To Be Beneficial for Pregnant Women and Unborn Babies
Dubai News
Celebrity Images
- Reese Witherspoon announces the winners of the Avon Communications Awards
- Reese Witherspoon announces the winners of the Avon Communications Awards
- Reese Witherspoon announces the winners of the Avon Communications Awards
- Reese Witherspoon announces the winners of the Avon Communications Awards
- Mallika Dutt speaks at the 2012 Avon Communications Awards
UAE News
- Tesla to Launch A New Car Model Next Month
- Google CEO Reveals Company’s Future Plans
- Pet Owners Warned To Give Chicken Jerky Products as a Treat Instead Of Meals
- Dental Clinic Found To Have Failed Meeting Proper Hygienic Conditions
- A Programme Expected To Be Launched In Local Hospitals to Monitor Their Working and Improve their status
Sports News
- Mancini rebuffs ‘trying to sell Tevez, Balotelli to AC Milan’ rumours
- Man City defender Zabaleta cold-shoulders Barcelona after Etihad pay hike
- Mourinho ends speculation over career after signing two-year extension with Madrid
- Drogba says Torres could fill his boots at Chelsea
- Real’s Ronaldo finds it difficult to swallow Roy Hodgson dropping of Ferdinand from Euro 2012 squad











