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After 3 record years, tourism may lose some steam in 2019

Slowing global growth, especially China, trade war and tourism receipts lagging visitor arrivals cited as reasons

Published Wed, Feb 13, 2019 · 09:50 PM

Singapore

AFTER three years of record highs in visitor arrivals and tourism spending, the Singapore Tourism Board (STB) is now "cautiously optimistic" about 2019, due to the volatility of the external environment and stiffer regional competition.

Clouds on the horizon include slowing global growth - especially in China - and the ongoing trade war.

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