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Recent Performance In Singapore's Tourism Industry And Tourism Yield
25 May 2017
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Recent Performance In Singapore's Tourism Industry And Tourism Yield
The tourism industry is an important pillar of the Singapore economy. Apart from adding diversity and vibrancy to our economy, tourism also directly contributes to Singapore’s Gross Domestic Product (GDP) through spending by tourists. This article examines the recent performance of the tourism industry and its contribution to the Singapore economy. It also analyses the trends in tourism yield and that for Singapore’s key tourism inbound markets.