The Dark Shadow Shrine

embrace the darkness; that you may see the light nestled within it......

Thursday, February 16, 2017

Tourist spending and arrivals hit new highs

Click HERE

here's the latest on the local tourist scenario in 2016....
=record high arrivals of 16.4 million (about thrice the local population)
=tourist receipts about S$25billion
=tourism's contribution to Singapore's GDP about 4%

Note that this spectacluar performance is in spite of the threat of Zika virus here and the slow economic growth of the coutnries the tourists hail from....

Note related article HERE on "Tourists give local businesses a big boost"
-note the financial benefits of tourists
-how the tourists' pursuit of 'uniquely Singapore' souvenirs may mean that products with a uniquely cultural slant are more lucrative, which leads to the idea that local culture usually is given a boost (with the financial incentive) by tourists, hence their subsequent preservation.....
{note that in the 2016 compre, writer said in one part that financial benefits of tourism often go to big businesses, usually foreign/international chains like Starbucks, Prada etc instead of those of a local nature)

Relate to Qns on tourism and the 2016 Cambridge compre AQ on tourism....