It’s a rosy picture for Singapore’s business tourism sector with the rebound of Singapore’s MICE industry.
Tourism accounts for one of Singapore’s largest service sectors and is fast emerging as a lucrative industry.
Singapore is fast emerging as one of the hottest tourist destinations in Asia creating good opportunities for travel related businesses. The city-state saw the arrival of a record 8, 57,000 visitors, in February 2010 – a 24.2 percent increase over the number of visitors it received in February 2009.
Mega events like the F1 Grand Prix create a number of business opportunities in tourism-related industries.
Given Singapore’s ever expanding tourism sector, any business that supports this industry, will likely keep your cash register ringing.