Singapore visitor arrivals peak in March, but outlook ahead is 'grim' as pandemic worsens
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGAPORE visitor arrivals face a rocky second quarter, as fresh Covid-19 infections and virus variants derail the global travel recovery.
On the bright side, analysts do not expect consumer spending to take a severe hit, as domestic consumption has proven a solid buffer against the plunge in tourism.
Still, new travel restrictions imply a slower tourism recovery, said Kwee Wei-Lin, president of the Singapore Hotel Association, which represents 160 members: "Hopefully, we can see signs of recovery by early 2022."
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.