Singapore misses tourism targets in 2008
11-01-2009
Singapore fell short of its targets for tourist arrivals and revenues in 2008 as travel slowed in the second half due to the global economic downturn, the island's tourism board reports. The city-state welcomed an estimated 10.1 million visitors last year, down 2.0 percent from 2007, the Singapore Tourism Board said. It had aimed to attract 10.8 million visitors during the year. Tourism revenues reached a record S$14.8 billion (US$10 billion), up 5.0 percent from 2007 but also below the official target of S$15.5 billion in receipts.
