Singapore’s tourism sector recorded steady growth in 2025, with tourism receipts reaching S$23.9 billion (US$17.7 billion) in the first three quarters, a 6.5 per cent increase compared with the same period in 2024 and the highest level recorded for this timeframe.
International visitor arrivals totalled 16.9 million in 2025, up 2.3 per cent year on year. The top five source markets were China with 3.1 million visitors, followed by Indonesia at 2.4 million, Malaysia and Australia at 1.3 million each, and India at 1.2 million.
Tourism receipts growth was led by Sightseeing, Entertainment & Gaming and Food & Beverage, both of which recorded 15 per cent growth. China, Indonesia and Australia were the top tourism receipts–generating markets, excluding Sightseeing, Entertainment & Gaming. Hotel performance remained stable, with an average occupancy rate of 81.9 per cent. Average room rate declined slightly to S$273.56, while revenue per available room stood at S$224.04. Hotel supply expanded with the addition of 644 new rooms.
The cruise sector also recorded growth, with 375 ship calls and more than 2.0 million passenger movements, reinforcing Singapore’s role as a regional cruise hub.
Visitor spending was supported by new and refreshed attractions, major international events, cruise offerings, hospitality openings and business events. Key developments included the opening of new attractions at Mandai Wildlife Reserve and Resorts World Sentosa, the hosting of major sports, arts and entertainment events, and continued strength in the MICE sector.
Infrastructure expansion continued across the tourism landscape, including integrated resort developments, cruise terminal upgrades and new lifestyle and wellness projects.
The Singapore Tourism Board (STB) expects full-year 2025 tourism receipts to exceed its earlier projection of S$29.0 to S$30.5 billion, with final figures to be released in 2Q2026. For 2026, international visitor arrivals are forecast to reach between 17 and 18 million, generating S$31.0 to S$32.5 billion in tourism receipts.
Melissa Ow, chief executive, STB said: “The strong tourism receipts performance in 2025 puts us on a steady trajectory towards achieving our Tourism 2040 ambitions. We are attracting visitors who value the distinctive experiences that Singapore offers. To maintain this growth momentum and reinforce our destination appeal and global hub status, we will continue to develop a strong pipeline of differentiated products, events, and experiences.
“As we work towards our Tourism 2040 goals and a sustainable tourism sector, STB will continue to seek out opportunities to reach new markets and support our tourism enterprises and workforce to develop differentiated products and experiences.”
