The Singapore Tourism Board (STB) has announced its forecast for international visitor arrivals (IVA), following the city’s reopening of the borders under the Vaccinated Travel Framework launched on 1 April 2022. With global travel picking up pace, Singapore expects to receive between 4 and 6 million visitors in 2022.
In the first half of 2022, Singapore clocked 1.5 million visitor arrivals, nearly 12 times more compared to the same period in 2021 (119,000). Tourism receipts (TR) reached an estimated S$1.3 billion in the first quarter of the year. While IVA and TR remain a fraction of Singapore’s pre-pandemic numbers, STB remains of the view that tourism flows will recover to pre-COVID levels by the mid-2020s.
Mr Keith Tan, Chief Executive, Singapore Tourism Board said, “The encouraging growth in visitor arrivals and tourism receipts signals strong pent-up demand, and underscore Singapore’s continued appeal as a vibrant and attractive destination for leisure and business travellers. While the pandemic is certainly not over yet, we are confident that Singapore’s very rich calendar of events, as well as new and refreshed tourism offerings, will continue to attract visitors for the rest of 2022 and beyond.”
International Visitor Arrivals (IVA)
Indonesia (282,000), India (219,000), Malaysia (139,000), Australia (125,000) and Philippines (81,000) were Singapore’s top five international visitor-generating markets, accounting for 56 per cent of total IVA from January to June 2022.