Tourist spending down 1.7% in Q2, despite 8% increase in Singapore visitor arrivals: STB
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Tourist spending down 1.7% in second quarter, despite 8% increase in visitor arrivals: STBSINGAPORE - Overall tourism spending in the second quarter of this year declined 1.7 per cent to $6.6 billion, compared to the same period last year.. Read more at straitstimes.com.
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Tourist spending in Singapore slips 1.7% in Q2 despite 8% rise in visitor arrivalsOVERALL tourism spending the second quarter of this year declined 1.7 per cent to S$6.6 billion, compared to the same period last year, said the Singapore Tourism Board (STB) in its quarterly report on Friday. Read more at The Business Times.
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Brokers' take: Most brokerages maintain calls despite 77% fall in Singtel Q2 profitDESPITE posting what historical data suggests is its worst quarterly showing since 2003, analysts covering Singtel have mostly maintained their calls on the telco despite earnings for the second quarter falling short of expectations. Read more at The Business Times.
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International tourist arrivals up 6% to 1.4 bn in 2018: UNThe number of international tourist arrivals rose by 6 percent last year to 1.4 billion, according to an estimate published Monday by the World Tourism Organization. The increase was driven by travel to southern Europe, the Middle East and Africa, said the Madrid-based UN body, citing economic growth
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