Many hotel companies hope that global tourism will recover in the short term to further reignite the industry. The Singapore government recognised just how important this is to the country, and hence, it started to gradually relax its border policy by agreeing a Vaccinated Travel Lane with countries such as Germany and Brunei.
Singapore is expected to hold a wide range of major meetings, incentives, conventions and exhibitions (MICE) following the introduction of the highly popular Vaccinated Travel Lane scheme and the gradual easing of restrictions. Prior to the pandemic, Singapore was known for being a MICE hub for international and local events.
The Singapore Hotel Association and Singapore Tourism Board have outlined that in 2050, hotels in Singapore will aim to be more environmentally friendly by achieving net zero emissions. The aim is the industry’s first green plan to address global environmental issues.
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Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Experiential Luxury industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is an aggregation of Luxury Hotels and Luxury Foodservice.See All of Our Definitions
This report originates from Passport, our Experiential Luxury research and analysis database.
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