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A key global travel hub is expecting more tourists, but thinner wallets – CEO NA Magazine
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A key global travel hub is expecting more tourists, but thinner wallets – CEO NA Magazine
Singapore, long viewed as a bellwether for the global economy, expects tourism spending to soften this year despite forecasting another increase in visitor arrivals, reflecting concerns that conflicts in the Middle East could weigh on consumer and business spending. The Singapore Tourism Board projected tourism receipts of 31 billion and 32.5 billion Singapore dollars ($24 billion to $25.6 billion) in 2026, compared with a record of 32.8 billion…
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