Business travel spending in Singapore to grow faster than world average
It's forecast to rise 4.3% to S$17.2b, says report, ahead of the 4% to US$1.2t globally
Add BT as a preferred source
Nisha Ramchandani
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
BUSINESS travel spending for Singapore is projected to grow by 4.3 per cent this year - slightly above the global average - to S$17.2 billion, according to a report.
The report by the World Travel and Tourism Council (WTTC) and Travelport estimates that worldwide business travel spending would rise by 4 per cent to about US$1.2 trillion, driven by the Asia-Pacific, and will increase by 3.7 per cent per year to US$1.72 trillion in 2027.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
