While browsing, I came across an article on how tourism will play a significant part in growing Singapore. For those investors who are particularly vested with hospitality stocks such as Ascott, Far East Hospitality Trust, CDL Trust, this comprehensive report will be extremely helpful to you.
Tourism
Tourism in Singapore is well supported by the established transport infrastructure, and Changi International Airport is one of the world's busiest, with more than 100 airlines and more than 6,000 weekly flights connecting Singapore to the Asia Pacific region and beyond. The airport handles around 50mn passengers a year and is undergoing major expansion that will allow it to benefit from anticipated tourism growth. Singapore also benefits from substantial sea connections via PSA Singapore Terminals, and modern road and rail networks.
The modern and efficient transport infrastructure means Singapore is advantageously placed to take advantage of increases in the tourism market, with inbound (Read more...)
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