Growth
Singapore tourism industry has grown rapidly since STPB was set up. In 2004, there were 8 million visitors. On 11 January 2005, Minister for Trade and Industry unveiled the Singapore Tourism Board’s (STB) bold targets to doubling visitor arrivals to 17 million by 2015, see details here Tourism 2015.
In March 2010, the STB projected a 20-30% increase in visitor arrivals for the year. 2010 would see the much awaited opening of both the Marina Bay Sands and Resorts World Sentosa. This coincided with other key events such as the FORMULA 1 SINGTEL SINGAPORE GRAND PRIX and the inaugural Youth Olympic Games. These offerings were expected to enhance Singapore’s status as a dynamic global city and increase visitor arrivals. The changes in Singapore's landscape would also continue beyond 2010. New developments such as the International Cruise Terminal, Gardens by the Bay and Changi Motor Sports Hub are expected to be unveiled in the coming years.
Read more about this topic: Singapore Tourism Board
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