Singapore Tourism Declines

Category: Tourism, Posted:21 Feb 2015 | 06:00 am

If you think Thailand is currently the only South East Asia country with tourism worries, you are wrong.
Star performer Singapore has registered it's first drop in international arrivals since 2009.
Based on year-on-year arrivals, 2014 posted a 3% decline.
Mainland Chinese numbers are also retracting.
Some analysts are pointing out that currency is a contributing factor pointing to a strong run by the Singapore dollar while many regional currencies are depreciating.

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