RNCOS Releases a New Report- Opportunities in Singapore Tourism Industry (2007-2009)By: Shushmul Maheshwari
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RNCOS Releases a New Report- Opportunities in Singapore Tourism Industry (2007-2009)
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RNCOS has recently added a new Market Research Report titled “Opportunities in Singapore Tourism Industry (2007-2009)” to its report gallery. Tourism is one of the largest service sectors of Singapore. As of 2007, the tourism industry contributed 3% to Singapore’s GDP, and generated US$ 9.4 Billion in tourism receipts. This clearly shows the important role tourism industry plays in Singapore’s economy. To ensure that tourism remains a key economic pillar, a bold target, Tourism 2015, was unveiled in the year 2005. The major objectives of the initiative are to triple tourism receipts to US$ 30 Billion, doubling visitor arrivals to 17 Million, and creating an additional 100,000 jobs in the services sector by 2015, according to “Opportunities in Singapore Tourism Industry (2007-2009)”.
Singapore is one of the most popular tourist destinations in Asia-Pacific region. Tourism industry in Singapore is growing very rapidly for the past several years. Tourism industry is strengthening by the infrastructure developments, various events and the countries strategic location in the heart of region.
This report provides an insight into Singapore’s tourism industry and studies its past, present and future scenario. It offers a detailed study on the forces driving the industry and discusses the key factors which are making Singapore a potential tourism destination. It provides strategic insight into the market to analyze the opportunities critical for the success of clients in Singapore tourism industry.
With focus on different parameters, including inbound tourism, outbound tourism, expenditure by inbound tourists, medical tourism, and hotel industry, the report gives a thorough analysis on the tourism industry of Singapore.
“Opportunities in Singapore Tourism Industry (2007-2009)” also provides an overview on the global, Asia-pacific and ASEAN tourism industry, helping the clients to evaluate and analyze the present and future position of Singapore’s tourism industry with respect to world and other regions.
The report provides industry forecast on various segments of tourism industry based on feasible tourism industry environment in Singapore. These include:
- Tourists arrivals
- Tourism receipts
- Outbound tourism
- Outbound tourism expenditure
- Medical tourism industry
- MICE industry
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM504.htm
Check DISCOUNTED REPORTS on: http://www.rncos.comhttp://www.rncos.com |
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| Keywords |
Opportunities in Singapore tourism Industry, Singapore tourism Industry, Asia-Pacific tourism, Global Tourism, Singapore Tourism Performance Indicators |
| Category |
Travel and Leisure |
| Submission Date |
Sep 19, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Travel and Leisure |
| 1. |
Egypt Still a Hot Tourist Destination in 2009
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According to our new research report, “Egypt Tourism Sector Analysis”, promotional activities by the government and increasing popularity of its ancient sites is driving the tourism industry in Egypt. Despite the shady outlook for the world economy, tourist arrivals in Egypt rose sharply by around 19% to 13 Million in 2008 while income from tourism was around US$ 11.6 Billion, which is huge 23% up from 2007.
As per the report, Egypt's immense archaeological richness is luring the tourists from around the world. The enduring fascination, particularly in Europe and the US, with the pharaonic era of Egypt's past is a major pull. The Giza pyramids are one of the world’s must-see sites, and the tombs and temples of Luxor and Abu Simbel are globally renowned. Other pharaonic sites along the Nile Valley are driving the tourism industry in Egypt. In fact, the country has started state-of-the-art Nile Cruises to attract tourists to take a look at Luxor and Aswan.
Banking on its ancient civilization and cultural richness, the Egyptian Ministry of Tourism is adopting aggressive marketing campaigns to promote its tourism industry internationally. It has led to an increase in the number of tourists in the past years. The Ministry is promoting the country under the slogans “The Gift of the Sun” and “Egypt… the Incomparable” and is aiming to a greater number of visitors from Europe. Other promotional campaigns have also been engineered both locally and overseas to attract tourists from around the world. For example, due to strong promotional campaigns, tourists from the US reached 319,000 in 2008, 17% higher over the previous year.
“Egypt Tourism Sector Analysis” provides in-depth analysis of the present and future prospects of the Egyptian tourism industry. It looks into Egyptian tourism sector in detail with the focus on different parameters like inbound and outbound tourism, expenditure by inbound and outbound tourists, accommodation facilities, transportation facilities and aviation industry. It provides strategic insight to clients to evaluate the opportunities for their success in the Egyptian tourism industry.
The study gives forecast on international tourist arrivals by country, international tourism receipts, international tourist departures, outbound tourism expenditure, and capital investment in travel and tourism industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM538.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 2. |
Trekking in Nepal
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Trekking in Nepal is a paradise, as Nepal has been known to be the best destination for trekkers in the world. Nepal has some of the most spectacular, exciting and breathtaking trekking that nowhere can be found in the world, therefore, Trekking in Nepal is the special for mountain lovers, to those who would like to discover the diverse range of flora and fauna, varieties of the culture or simply to have special holidays in the majestic mountains.
Trekking in Nepal has known for 100 years, as the trekkers come to view the diverse lifestyle of the inhabitants in the mountain regions. No doubt, the hospitality of the people living the Himalayas enchants trekkers in such a way that they come again and again and have fondest memories of Nepal throughout their life.
Nepal is a country of friendly people belonging to many different ethnic groups, each having their own variety of culture, religion, festivals and castes etc.
Nepal owns the lowest elevation to the highest peak of the earth. Furthermore, of the 14 highest peaks above 8,000m in the world, Nepal owns over eight the highest mountains and over 1300 peaks above 6,000 m. Therefore, while you have a trekking in Nepal, you have a chance to explore these giant Himalayas on foot, there is no doubt that you will be exhilarated while you have holidays in Nepal.
Furthermore, most of trekking regions of Nepal are encompassed by national parks, which have a diverse range of wildlife, including rare and endangered species. So, when you have trekking, if you are lucky you may even spot tigers or elusive snow leopards in the Himalayan area.
Your trekking involves walking through diverse forests, from sub tropical to alpine as well as different landscapes, lush alpine meadows and rocky snow covered passes, ice falls, glaciers, high altitude and frozen lakes. Therefore, Nepal can be the best destination to spend your holiday with much thrill.
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| 3. |
Singapore Tourism Putting in Corporeal Changes to achieve Target
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A new market research report, “Opportunities in Singapore Tourism Industry (2007-2009)”, by RNCOS says that new infrastructure developments and organization of many mega events will fuel growth into Singapore’s tourism industry, taking the total international tourist arrivals to around 14 Million by 2012.
As per the report, new infrastructure developments are also adding to the growth of the Singapore's tourism industry. The country has recently launched its latest tourist attraction, The Singapore Flyer (Asia’s first-ever giant observation wheel). Furthermore, the government has allowed two casino resorts to open by 2010, in the hope of retaining the custom of its own citizens who have historically ventured overseas to gamble, as well as attracting high-rolling gamblers from rest of the countries.
The report identifies several major inaugural events conducted by Singapore Tourism Board (STB) such as the Singapore Air-Show and recently organized 2008 FORMULA 1™ Singtel Singapore Grand Prix as the significant drivers for the country’s tourism industry. In 2010, Singapore will host the inaugural Youth Olympic Games which will further spur the tourism industry. These events are boosting both inbound and domestic tourism, thus making the industry highly active.
These developments will definitely help Singapore to achieve its targets of 14 Million visitors by the year 2012.
“Opportunities in Singapore Tourism Industry (2007-2009)” provides an exhaustive research and rational analysis on the tourism industry of Singapore. This extensive research will help the clients to identify market trends and evaluate the leading-edge opportunities critical to the success of the tourism industry in the country. It gives an overview on the various factors driving the tourism market, like government’s role, and macroeconomic and demographic factors, together with the forces challenging the industry growth.
This research supplements the past and current information on the tourism industry in Singapore with forecast on various important industry parameters like tourist arrival, tourism receipts, outbound tourism, outbound tourism expenditure, medical tourism industry, MICE industry etc.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM504.htm
Check DISCOUNTED REPORTS on http://www.rncos.com
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| 4. |
Management can Pull off Crisis-laden Egyptian Tourism Sector, Experts
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The Egyptian tourism industry has seen tremendous growth in the past few years and is expected to continue to grow at a fast pace in coming years too. But the ongoing global financial meltdown has posed a challenge before the Egyptian economy, including its tourism industry, the biggest source of foreign currency for the country.
The current financial crisis is taking the whole world in its grip, including Europe, a major source of tourists for Egypt. Economic crisis has constricted the disposable income of Europeans, and thus, they are staying away from leisure activities like tourism. And Egypt is feeling the heat of this crisis. It is expected that the country will see a decline of around 10 to 15% in reservations for this Christmas against last Christmas.
According to our new research report, “Egypt Tourism Sector Analysis”, tourist arrivals in Egypt are expected to grow at a CAGR of nearly 6% during 2008-2012, whereas between 2003 and 2007, tourist arrivals grew at a strong CAGR of 16.63%.
Thus, coming years will prove quite intimidating for the Egyptian tourism industry. However, the impact can be considerably cooled down by following proper management approach.
According to a Senior Research Analyst at RNCOS, “Egyptians are not considered on the higher end of valued commodities in terms of services and goods. It means that the country should focus more on mid-level tourism and eco-tourism against five-star quality services. And as recession is deepening, tourists are searching for cheaper and affordable alternatives for vacations, such as Basata – a cheap tourist place on Sinai Peninsula. Egypt is among the lowest cost tourist destinations on the Mediterranean coast. So currently, the country is at the lower end of mass tourism, and it can take full advantage of this strength by giving increased stake to local communities in the tourism sector and thereby generate more revenue from it.”
“Egypt Tourism Sector Analysis” contains in-depth information on the present status and future outlook of the growing tourism industry of Egypt. It gives detailed analysis along with statistical data on various parameters such as inbound & outbound tourism, accommodation facilities, transportation facilities, aviation industry and expenditure by outbound & inbound tourists.
For more information visit: http://www.rncos.com/Report/IM538.htm
Current Industry News: http://www.rncos.com/Blog/
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