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Feature Articles

Singapore's Tourism Sector : A Comparison with Previous Downturns and Its Future Prospects

19 February 2010

This article has been migrated from an earlier version of the site and may display formatting inconsistencies.

Singapore’s tourism sector was hit by several shocks in the last two decades, such as the 1997/98 Asian Financial Crisis, the 2001 recession coupled with 911 terrorist attacks, the SARS crisis in 2003 and the 2008/09 global financial crisis. This box article examines the trends in visitor arrivals and hotel industry during the recent financial crisis, and how they fared compared to previous tourism downturns.

Download for the full article [PDF, 317 KB].

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