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23-07-2015, 01:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
It’s Lonely Planet’s No. 1 Destination. Where Are the Tourists?
Singapore was ranked as Lonely Planet’s top 2015 destination. That hasn’t helped the island draw more tourists so far this year.
Marina Bay Sands, the casino-resort that’s the biggest hotel in Singapore, posted its lowest average room rate since the end of 2012 as gaming revenue slumped, raising concerns the outlook for tourist arrivals to the city may worsen.
The island-state recorded year-on-year declines in visitors in 14 of the past 15 months through May this year while hotel room rates dropped for 10 straight months. The Singapore dollar has also gained against currencies of some of its biggest tourism markets including Japan, Thailand, Malaysia and Indonesia, making it a more expensive destination.
http://www.bloomberg.com/news/articl...-the-tourists- (http://www.bloomberg.com/news/articles/2015-07-23/it-s-lonely-planet-s-no-1-destination-where-are-the-tourists-)
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?210974-No-one-wants-to-come-celebrate-SG50&goto=newpost).
It’s Lonely Planet’s No. 1 Destination. Where Are the Tourists?
Singapore was ranked as Lonely Planet’s top 2015 destination. That hasn’t helped the island draw more tourists so far this year.
Marina Bay Sands, the casino-resort that’s the biggest hotel in Singapore, posted its lowest average room rate since the end of 2012 as gaming revenue slumped, raising concerns the outlook for tourist arrivals to the city may worsen.
The island-state recorded year-on-year declines in visitors in 14 of the past 15 months through May this year while hotel room rates dropped for 10 straight months. The Singapore dollar has also gained against currencies of some of its biggest tourism markets including Japan, Thailand, Malaysia and Indonesia, making it a more expensive destination.
http://www.bloomberg.com/news/articl...-the-tourists- (http://www.bloomberg.com/news/articles/2015-07-23/it-s-lonely-planet-s-no-1-destination-where-are-the-tourists-)
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?210974-No-one-wants-to-come-celebrate-SG50&goto=newpost).