Singapore expects visitor arrivals in 2020 to fall by 25 to 30 per cent, hitting a key sector for the country’s economy and one that is heavily supported by Chinese tourists.
Keith Tan, chief executive at the Singapore Tourism Board, said: “Singapore’s tourism sector is facing its biggest challenge since Sars in 2003. But unlike Sars, we are now better prepared and more resilient”.
The government will set up a taskforce including leaders in the private and public sectors to spur recovery in the tourism industry, which contributes 4 per cent to Singapore’s GDP.
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