In addition, the country ranks as first among all economies for its “policy environment” that is most supportive with its rules and regulations encouraging travel and tourism industries (p. Data relating to visiting tourists shows a rising trend with “11.6 million in 2010 and 13.2 million in 2011” with revenue earnings of “S$ 18.9 billion in 2010” and “$ 22.4 billion” in 2011 (Annual Report of Tourism Statistics, 2012, p. Therefore, it transpires that despite the economic down trend across the world, tourism industry in Singapore has been growing in a fast paced manner.
The hotel industry in the country also has remained in a strong position over the years with the rates of occupancy up to “85%” in 2010 and “86%” in 2011 (Table-34, p. Currently, the country has a total of “154” gazetted hotels with “40,759” rooms available for letting out (p. The land transport system here comprises road and rail services with Express Ways of 161 km, Arterial Roads of 645 km, Collector Roads of 557 km and Local Access Roads of 2,048 km of 2011, p. In addition, they have Rapid Transit Systems (RTS) with MRT of 146.5 and LRT of 28.8 km, with 97 MRT stations and 34 LRT stations, catering to a resident population of 5,184,000 and 13,171,000 visitors (p.
Air traffic system in the country has accounted for the arrival of “150,827” aircrafts during the year 2011, carrying 22,778,000 passengers while sea transport has registered the arrival of “127,998” vessels in 2011 (Year Book of Statistics Singapore, 2012, p. This study envisages the development of a new tourism strategic policy and planning framework for Singapore to cater to an extra demand arising from a scenario where the airports of Bangkok, Kuala Lumpur and Bali have been closed due to natural disasters.
It will consider the present situation in Singapore as well as the other three countries and make an estimation of the likely increase over the course of next five years and prepare the plan accordingly to meet the additional demand in terms of resources and infrastructure in transport, accommodation, leisure activities etc to optimise the travel and tourism and the resultant revenue generation potential that the situation offers. The Ministry of Trade and Industry (MTI) is the regulatory authority responsible for the
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