• Changi Airport Group (CAG) received 65.6 million passengers in 2018, a y-o-y increase of 5.5%
  • Nine out of ten top 10 source markets reported growth in 2018
  • Indian market continues to be Singapore's strongest growing tourism source market
  • Pace of hotel rooms entering pipeline has slowed down significantly compared to past years
  • Improved trading conditions across all segments supported by limited new hotel rooms and healthy tourism growth
  • SG Government has announced plans to redevelop and rejuvenate Sentosa, Pulau Brani and Orchard Road
  • Three-year partnership entered with William Reed Business Media (WRBM) to launch five series of 50 best events in Singapore
  • Momentum continues for hotel investment market
  • Increasing number of developers converting sites to hotel use since the revision of URA guidelines