i'mpact Singapore Tourism Board Annual Report 2010/2011
i'mpact Singapore Tourism Board Annual Report 2010/2011
i'mpact Singapore Tourism Board Annual Report 2010/2011
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Chief Executive’s Message<br />
In the preceding years, many have enthused over <strong>2010</strong> shaping<br />
up to be a watershed year for our tourism industry. And what<br />
a year it has turned out to be; with the tourism landscape<br />
transformation, <strong>Singapore</strong> is now a veritable city in bloom, clearly<br />
etched in the skyline over at Marina Bay and Sentosa where the<br />
two Integrated Resorts (IRs) have left their indelible marks.<br />
Marking a Transformational Year<br />
The resulting excitement is as palpable as it is pervasive. Not only<br />
did <strong>2010</strong> witnessed the opening of the IRs, it also set records<br />
on two major fronts: S$18.9 billion in tourism receipts and 11.6<br />
million international visitor arrivals, a record 49.6 and 20 per cent<br />
growth respectively over 2009. More importantly, this strong<br />
growth was broad-based, with many sectors charting doubledigit<br />
increase in tourist revenue.<br />
Much of <strong>2010</strong>’s growth was undoubtedly fuelled by the IRs. All<br />
at once, the two resorts have expanded our range of options<br />
in entertainment, retail and dining, and generated more than<br />
30,000 jobs. But it was not just about the IRs. Events such as<br />
the Asia Fashion Exchange and inaugural Art Stage <strong>Singapore</strong><br />
also captivated the world’s attention with Asian-inspired fashion<br />
and art, while the Grand Prix Season <strong>Singapore</strong> again ushered in<br />
palpitating excitement with superstars and parties galore.<br />
Overall, the tourism sector’s competitiveness continued to improve<br />
with the Customer Satisfaction Index of <strong>Singapore</strong> marking an<br />
increase in satisfaction in retail, hospitality and attractions 1 .<br />
1<br />
Executive Summary <strong>2010</strong>, Customer Satisfaction Index of <strong>Singapore</strong><br />
6