Alvin Tan Shen Hui spoke at ITB Asia 2022.<\/p>\n\n\n\n\n\n\n\n
Singapore.- Speaking at the opening ceremony of the travel industry trade show ITB Asia 2022, Alvin Tan Shen Hui<\/strong>, Singapore\u2019s minister of state for trade and industry, culture, community and youth, said Singapore’s visitor numbers for the year will likely be between 4 and 6 million.<\/p>\n\n\n\n Alvin Tan Shen Hui said: “Singapore is on track with our visitor arrivals. We will likely end the year with 4 million to 6 million visitors \u2013 closer to the higher end of our forecasts. We also expect our tourism receipts for 2022 to hit between SGD10bn [US$7.0bn] and SGD20bn<\/strong>.”<\/p>\n\n\n\n He added: \u201cBy year-end, we expect the number of flights in [Singapore] Changi Airport to recover to over 80 per cent of pre-Covid levels. This puts us in a good position in our road to recovery next year.\u201d<\/p>\n\n\n\n In 2019, the last full trading year before the Covid-19 pandemic, Singapore received a record 19.1 million<\/strong> international tourists, according to the Singapore Tourism Board. Mainland China accounted for just over 3.6 million \u2013 the largest amount.<\/p>\n\n\n\n Singapore was one of the first countries in the region<\/a> to relax Covid-19 measures. According to GGRAsia, Las Vegas Sands chairman and chief executive Rob Goldstein said the number of customers at Marina Bay Sands<\/a> from many source markets had increased.<\/p>\n\n\n\n He said the property should “easily” post annual earnings before interest, taxes, depreciation and amortization of $2bn “over the next few years” to return to pre-pandemic trading levels. Marina Bay Sands<\/a> posted net revenue of US$679m for the second quarter, up 107.6 per cent year-on-year, EBITDA rose by 184.8 per cent to US$319m. <\/p>\n\n\n\n