Taylor Swift concert Tourism Boost
Taylor Swift’s concert has provided a massive boost to Singapore’s tourism industry.
What are the benefits the event bring to Singapore in tourism?
How does the government play a part in promoting tourism through events like this?
Demand for flights and accommodation around her concert dates increased by up to 30 per cent.
The shows could generate as much as A$1.2 billion (US$779 million) – the estimated economic value that she brought to Melbourne.
Singapore collect 9% GST on every ticket sold. (Revenue)
The arrival of tourists not only resulted in hotels fully booked, airport busier, it also bring business to eateries and shopping malls.
Not only that, directly Singapore sound & lighting equipment suppliers, catering companies, production crew, private transportation providers, security firms etc all stand to gain from this.
Singapore as a regional entertainment centre where it offers international events including F1 Race, international concerts and festivals will lead to an increase in tourist arrivals to Singapore.
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