India Among Top 3 Source Markets for Singapore Tourism in 2024: 1.2 Million Visitors Recorded

Singapore has witnessed a strong resurgence in international tourism, with India emerging as one of its top three source markets in 2024. According to the Singapore Tourism Board (STB), 1.2 million Indian visitors travelled to the city-state this year, reaffirming India’s importance in Singapore’s tourism landscape.

China remained the top source market with 3.08 million arrivals, followed by Indonesia with 2.49 million arrivals, and India in third place. The increase in visitor numbers highlights India’s growing outbound travel trend, with Singapore being a preferred destination for both leisure and business travellers.

International Tourism Rebounds Strongly

The overall tourism sector in Singapore saw a remarkable recovery, with 16.5 million international visitors in 2024, marking a 21% year-on-year (YoY) growth. However, despite the surge, total arrivals still remained below the pre-pandemic high of 19.1 million in 2019.

Apart from India, other key markets such as Japan, Taiwan, the United Kingdom, and the United States also recorded strong YoY growth, demonstrating a global revival in travel demand.

Surge in Tourism Receipts: Economic Impact

Tourism receipts for 2024 are projected to range between ₹1,765.31 crore (SGD 27.5 billion) and ₹1,861.82 crore (SGD 29 billion). By September 2024, Singapore had already recorded ₹1,437.96 crore (SGD 22.4 billion) in tourism revenue, reflecting a 10% increase from the same period in 2023.

This increase in spending can be attributed to a rise in leisure and business travel, with tourists contributing significantly to sectors such as accommodation, retail, food & beverage, and entertainment.

Events and Attractions Driving Tourism Growth

Singapore’s tourism board credits this robust performance to multiple factors, including:

• Refreshed tourism offerings with innovative attractions and upgraded experiences.
• Strategic collaborations with global travel and hospitality brands.
• High-profile concerts and events, such as performances by Coldplay, Ed Sheeran, and Taylor Swift, which attracted large international audiences.

These large-scale events not only boosted tourism arrivals but also had a positive economic spillover effect on sectors like retail, dining, and hospitality, reinforcing Singapore’s appeal as a global travel hub.

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