Fast Facts
7.4%
Over the next seven years, the sector is projected to have an annual growth rate of 7.4%
4%
The sector contributes to 4% of Singapore’s annual GDP
$1.1 billion
The Hotels market in Singapore is projected to reach a revenue of US$1.1 billion this year
Industry Outlook
As international visitor arrivals recover to pre-COVID levels, the hospitality and tourism sector foresees improved business conditions for the rest of this year. The sector is expected to shift its focus to changing consumer preferences such as sustainable hospitality, digital experiences, and wellness travel, offering promising career prospects for prospective employees with the related skillsets.
Relevant Jobs
CUSTOMER SERVICE MANAGER
- $4,000-6,500 /month
- A Customer Service Manager trains and leads a team of customer service agents to deliver great experiences to their customers, analysing data to measure performance and conducting market research to stay up-to-date with trends
TRAVEL CONSULTANT
- $2,000-4,000 /month
- A Travel Consultant creates customised travel itineraries for clients, handling bookings for flights, accommodations, transportation as well as any issues that may arise during the trip
EVENTS MANAGER
- $3,500-5,000 /month
- An Events Manager plans and executes events for clients and internal stakeholders while ensuring that the events are kept under budget and on schedule
SUSTAINABILITY EXECUTIVE
- $3,500-5,000 /month
- A Sustainability Executive develops and implements sustainable strategies and initiatives across the organisation. This involves conducting environmental assessments, identifying areas for improvement, and collaborating with various departments to drive sustainable practices and meet corporate sustainability goals