






{"id":29259,"date":"2022-06-10T15:00:52","date_gmt":"2022-06-10T08:00:52","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=29259"},"modified":"2022-06-12T13:37:02","modified_gmt":"2022-06-12T06:37:02","slug":"singapores-travel-sector-to-focus-on-wellness","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/singapores-travel-sector-to-focus-on-wellness\/","title":{"rendered":"Singapore\u2019s travel sector to focus on wellness"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Monthly passenger traffic at the airport in March has breached the one million mark for the first time in two years<\/span><\/p>\n<figure id=\"attachment_29260\" aria-describedby=\"caption-attachment-29260\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-29260\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/06\/shutterstock_1351317287.jpg\" alt=\"\" width=\"1000\" height=\"659\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/06\/shutterstock_1351317287.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/06\/shutterstock_1351317287-400x264.jpg 400w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/06\/shutterstock_1351317287-600x395.jpg 600w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2022\/06\/shutterstock_1351317287-768x506.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-29260\" class=\"wp-caption-text\">The wellness industry in Singapore is valued at USD12 billion. mehdi33300\/Shutterstock<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">According to <\/span><a href=\"https:\/\/www.straitstimes.com\/singapore\/consumer\/wellness-will-be-key-component-of-singapores-tourism-offerings-in-next-5-to-10-years-stb-chief\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">The Straits Times<\/span><\/a><span style=\"font-weight: 400;\">, on 3 June, Keith Tan, chief executive of the Singapore Tourism Board (STB) said that wellness will be a crucial part of the country\u2019s tourism offerings in the next decade.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This was seconded by Alvin Tan, Minister of State for Culture, Community, and Youth, emphasising that wellness is an emerging sector that will offer many opportunities for the tourism sector.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Singapore is not known as a wellness destination and, frankly, if you ask a lot of locals, they don&#8217;t associate Singapore with (that). But when you survey the landscape and see what&#8217;s out there (with) companies that provide wellness solutions, there&#8217;s a lot available that&#8217;s underappreciated and not well known,&#8221; Tan said.<\/span><\/p>\n<p><a href=\"https:\/\/www.asiapropertyawards.com\/en\/singapores-2022-economic-outlook-remains-at-3-5\/\" target=\"_blank\" rel=\"noopener\"><strong>More: Singapore\u2019s 2022 economic outlook remains at 3\u20135%<\/strong><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Using figures from the Global Wellness Institute, he noted that the wellness industry in Singapore is valued at USD12 billion and that the global wellness industry was worth USD4.4 trillion in 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Transport Minister S Iswaran mentioned that due to the pent-up demand for travel, there is a potential for long-term growth in Singapore\u2019s tourism sector. Following this, he also stated that passenger traffic at Changi Airport has almost reached 50 percent of pre-pandemic volumes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tourist numbers are increasing at such a quick pace that travel companies and businesses that provide services to visitors, such as restaurants, are scrambling to keep up.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, monthly passenger traffic at the airport in March has breached the one million mark for the first time in two years, according to <\/span><a href=\"https:\/\/www.channelnewsasia.com\/singapore\/quick-recovery-singapores-travel-industry-long-term-growth-remains-iswaran-2702251\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">CNA<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As tourist numbers soar, the Indian market ranks as the leading country of origin, as reported by <\/span><a href=\"https:\/\/economictimes.indiatimes.com\/nri\/visit\/singapore-tourism-numbers-soar-as-it-commits-to-remaining-open-indian-visitors-ranked-first\/articleshow\/91768350.cms\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">The Economic Times<\/span><\/a><span style=\"font-weight: 400;\">. From January to April, approximately 95,500 Indians entered Singapore. Indonesians came in second with 89,700 passengers, followed by Malaysians with 45,600 passengers flying to Singapore. Singapore does not include Malaysians who enter the nation through the land border, which has now been fully reopened, because the bulk of individuals who use this route do so on a daily basis to study or work.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">The Property Report editors wrote this article. For more information, email: <a href=\"mailto:propertyreport@propertyguru.com\" target=\"_blank\" rel=\"noopener\">propertyreport@propertyguru.com<\/a>.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monthly passenger traffic at the airport in March has breached the one million mark for the first time in two years<\/p>\n","protected":false},"author":12,"featured_media":29260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[322,3031],"class_list":["post-29259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-tourism","tag-tourist","news_country-singapore","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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