Accommodation in Singapore - statistics & facts
Singapore is a regional hub that attracts both tourists and business travelers. As a financial center and air transit hub, it has a thriving tourism sector that includes traditional tourism activities, Meetings, Incentives, Conferences and Exhibitions (MICE) events, as well as casinos. This fuels the accommodation sector, which contributes significantly to the country's GDP, with a revenue of 4.06 billion Singapore dollars in 2022. As part of its Green Plan 2030, the country aims to become a sustainable tourism destination, with a focus on environmental sustainability and sustainable management. The Singapore Tourism Board (STB) aims to adapt to travelers' demands, for whom sustainability is an increasing priority.
