Singapore Tourism Essay

2645 Words11 Pages
Research Paper
On
Case Analysis on Economy of Tourism

Submitted to: Submitted by: Dr Dayanand Pandey Monty Singh SMBA14038

Contents

• Objective of studies
• Research methodology
• Introduction to tourism
• Study of global scenario(analysis of facts & figures)
 About various countries
 Revenue, GDP, per capita income.
• Case analysis of Singapore
• Introduction to
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• The events & management industry
• Entertainment industry.
• Travel agencies sector
 The World Tourism Organisation were divided tourism into various categories[1] :
1. International tourism
• Inbound tourism: nonresidents visits to a country
• Outbound tourism: host country residence visit to another country.
2. Internal tourism: Visits by resident and non-residents of the country of reference.
3. Domestic tourism: Visits by residents of a country to their own country.
4. National tourism: Internal tourism plus outbound
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This is predicted to rise by 5.8% to SGD20.3bn in 2014. This primarily reflects the economic activity generated by industries such as hotels, travel agents, airlines and other passenger transportation services (excluding commuter services). But it also includes, for example, the activities of the restaurant and leisure industries directly supported by tourists. If we came to forecasting, the direct contribution of Travel & Tourism to GDP is expected to grow by 3.4% pa to SGD28.3bn (5.3% of GDP) by 2024.
Direct Contribution of travel & tourism to GDP (7) (4)
As revenues constant rises which is shown in graph so we can say that economy of Singapore is having a huge effect due to tourism from the year 2004 to 2013 while the future GDP is also showing a positive sign that plays a very crucial role as it shows tourism industry also rises in future which leads to rise in

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