The Big Story: S$23.9B and 16.9M visitors in 2025 .. Can Singapore's tourism top that in 2026?

Published on 3 Feb 2026
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Singapore’s tourism sector has bounced back strongly in 2025, with tourism receipts hitting a record S$23.9 billion in the first three quarters—a year-on-year growth of over 6%. International visitor arrivals reached around 16.9 million, slightly below earlier forecasts, according to the Singapore Tourism Board.

What’s fueling this robust performance? Is it a short-term rebound, or a sign of longer-term growth for the sector? And what does this mean for Singapore’s tourism outlook in 2026 and beyond?

On The Big Story, Hongbin Jeong speaks with Christopher Khoo, Managing Director of MasterConsult Services, to unpack the trends shaping Singapore’s tourism industry and what they mean for businesses, travellers, and the economy.

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