Singapore’s tourism sector achieved record-breaking growth in the first three quarters of 2025, with tourism receipts reaching S$23.9b, marking a 6.5% increase from 2024. This surge in revenue is attributed to a rise in international visitor arrivals, which totalled 16.9 million, a 2.3% increase compared to the previous year. Mainland China, Indonesia, Malaysia, Australia, and India were the top contributors to this growth.
The Singapore Tourism Board (STB) credits the increase in tourism receipts to enhanced visitor experiences and a diverse range of attractions. Melissa Ow, Chief Executive of STB, stated, “We are attracting visitors who value the distinctive experiences that Singapore offers. To maintain this growth momentum, we will continue to develop a strong pipeline of differentiated products, events, and experiences.”
Key contributors to the tourism receipts included Sightseeing, Entertainment, Gaming, and Food and Beverage sectors, each showing a 15% growth. Mainland China led the TR-generating markets, contributing S$3.68b, followed by Indonesia and Australia.
The hotel industry also saw stable performance, with an average occupancy rate of 81.9% and the addition of 644 new hotel keys. The cruise industry reported 375 ship calls and over 2 million passenger throughput, reinforcing Singapore’s position as a leading cruise hub.
New attractions and events, such as Rainforest Wild and the FORMULA 1 Singapore Grand Prix, played a significant role in boosting visitor spending. The MICE industry further contributed with major events like the Milken Institute Asia Summit, enhancing Singapore’s reputation as a premier business events destination.
