Higher visitor spending highlights Singapore’s strong recovery and appeal as a leading global travel destination.
Singapore’s tourism sector recorded strong growth in 2025, with tourism receipts reaching a record S$23.9 billion from January to September. This marked a 6.5% increase compared to the same period in 2024 and was the highest tourism receipts ever achieved for the first three quarters of the year. The announcement was made in Singapore on 3 February 2026.
Ms Melissa Ow, Chief Executive of the Singapore Tourism Board (STB), said the strong performance shows Singapore is on track to meet its Tourism 2040 ambitions. She noted that visitors are spending more on unique and high-quality experiences, and STB will continue to develop new products, events, and experiences to strengthen Singapore’s position as a global hub.
International visitor arrivals reached 16.9 million in 2025, a 2.3% increase from 2024. The top five source markets were Mainland China, Indonesia, Malaysia, Australia, and India. Australia recorded the highest growth among these markets, with an 8% increase and a record number of visitors.
Tourism receipts growth was mainly driven by Sightseeing, Entertainment & Gaming, and Food & Beverage, each growing by 15%. Mainland China was the largest tourism receipts contributor, generating S$3.68 billion, followed by Indonesia and Australia. Spending by visitors from Mainland China grew by 3%, with Food & Beverage leading consumption growth.
Singapore’s hotel industry remained stable in 2025. Average Occupancy Rate rose to 81.9%, while Average Room Rate and Revenue per Available Room saw slight declines. Hotel capacity expanded with 644 new rooms added. The cruise sector also performed strongly, recording 375 ship calls and over 2 million passenger movements, reinforcing Singapore’s status as a leading cruise hub in Asia.
New and refreshed attractions, major global events, luxury lifestyle experiences, and a strong Meetings, Incentives, Conventions and Exhibitions (MICE) calendar supported higher visitor spending. These included major concerts, sporting events, international exhibitions, new hotels, cruise ships, and large-scale infrastructure developments.
Looking ahead, STB expects international visitor arrivals in 2026 to reach between 17 and 18 million, with tourism receipts projected at S$31.0 to S$32.5 billion. Despite global uncertainties, Singapore remains confident in sustaining long-term tourism growth through innovation, sustainability, and workforce development.
Source: STB
