The city-state is losing about 18,000 to 20,000 tourists a day, and the figures could plummet further if the situation persists for longer, Keith Tan, chief executive of Singapore Tourism Board, said in an interview with Bloomberg TV.
China accounts for about 20 per cent of Singapore’s tourism intake, the biggest source of visitors ahead of Indonesia and India. China’s ban on outbound tour groups and Singapore’s move to bar Chinese nationals from entering has led to an “evaporation” of a key source of revenue, Tan said. South Korea and Kuwait have both advised citizens to minimise or delay travel to Singapore, as well as travel to some other countries in the region.
For the city-state, though, its 2020 tourism projections stand in stark contrast to last year’s record arrivals of 19.1 million. Tourism receipts rose to S$27.1 billion in 2019 based on preliminary estimates, from S$26.9 billion the year before.
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