Investing opportunities
Tourism contributes to the Singapore economy by increasing the demand for goods and services through tourist receipts. It also contributes through the demand for inputs used to produce these goods and services. For example, when tourists stay at hotels, they use the amenities provided and also dine in hotel restaurants. Thus, tourists’ demand for accommodation in turn generates demand for electricity and housekeeping services (other industries not part of the accommodations industry) and hotel restaurant dining services (within the accommodations industry).
New investing opporunities could be in accomdation industry, aviation industry as well as food and beverages.
New investing opporunities could be in accomdation industry, aviation industry as well as food and beverages.
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