Singapore is expected to see continued growth in lodging in current value terms in the forecast period. One of the main drivers of growth will be the anticipated rise in the number of Chinese travellers, which are crucial for the country’s travel industry.
Singapore is expanding its hotel options with new and innovative projects, especially sustainable options. This is because the Singapore Tourism Board announced the Hotel Sustainability Roadmap in mid-2022 to direct hotels on their sustainability journey, in line with the Singapore Green Plan 2030.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Lodging (Destination) industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Lodging (Destination)
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.
See All of Our DefinitionsThis report originates from Passport, our Lodging (Destination) research and analysis database.
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