Singapore Tourism Report Q2 2009

Executive Summary ..............................................5
SWOT Analysis ...................... 6
Singapore Tourism Sector SWOT .................................. 6
Singapore Political SWOT............................................. 7
Singapore Economic SWOT........................................... 8
Singapore Business Environment SWOT ....................... 9
Market Overview.....10
Tourism Outlook .................. 10
Table: Singapore’s Travel Industry, 2006-2013 (mn people, unless otherwise stated) ........................................... 14
Table: Singapore’s Tourism Industry, 2006-2013 (US$bn unless otherwise stated).. 15
Asia Tourism Business Environment Ranking ..............................................16
BMI’s Security Ratings ........ 16
Table: Asia Pacific Regional Security Ratings............. 17
Terrorism Risk Rating..... 17
Table: Asia Pacific State Vulnerability To Terrorism Index ..................................... 18
Conflict Rating................ 18
Physical Safety Risk Rating.......................................... 18
Exchange Rate Policy.........................................19
Table: Singapore – Monetary And Exchange Rate Policies...................................... 20
Travel .......................21
Commercial Airlines....... 21
Budget Airlines ............... 22
Table: Singapore’s Low-Cost Airlines – Key Players, 2008 ..................................... 23
Liberalising The Lucrative KL–Singapore Route......... 23
Oil Price Forecast .......... 24
Table: Oil Product Price, 2006-2013 (US$/bbl) .......... 27
Cruises............................ 27
Hospitality ...............29
Accommodation .............. 29
Table: Singapore’s Hospitality Market Structure, 2006-2013 ................................... 29
Raffles To Have New Ownership? ............................... 30
Key Players..................... 30
Infrastructure.................. 31
H5N1 Virus Update ..............................................33
Company Profiles...35
Singapore Airlines (SIA) .............................................. 35
Tiger Airways ................. 37
Country Snapshot: Singapore Demographic Data ........................................38
Section 1: Population...... 38
Table: Demographic Indicators, 2005-2030................ 38
Table: Rural/Urban Breakdown, 2000-2030 ............... 39
Section 2: Education And Healthcare.......................... 39
Table: Education, 2000-2004 ...................................... 39
Table: Vital Statistics, 2005-2030................................ 39
Section 3: Labour Market And Spending Power .......... 40
Table: Employment Indicators, 2001-2006.................. 40
Table: Consumer Expenditure, 2000-2012 (US$) ........ 40
BMI Forecast Modelling......................................41
How We Generate Our Industry Forecasts .................. 41
Tourism Industry............. 41
Tourism Ratings –Methodology ................................... 42
Table: Tourism Business Environment Indicators ....... 43
Table: Weighting of Components................................. 44
Sources ........................... 44