Singapore roars back with strong MICE performance

Record turnout and robust line-up of events has Singapore bullish on its MICE future.

Melissa Ow, chief executive of the Singapore Tourism Board, speaks at the Tourism Industry Conference.
Melissa Ow, chief executive of the Singapore Tourism Board, speaks at the Tourism Industry Conference. Photo Credit: Natalie Chew

Four years after the Covid-19 pandemic ravaged the global tourism sector, Singapore has reported good news with 2023 marking 13.6 million international visitor arrivals and $27.2 billion (US$20.1 billion) in tourism receipts – almost a full recovery to 2019 numbers.

This year, the Singapore Tourism Board (STB) has projected between 15-16.5 million international arrivals and SGD$27.5-29 billion (US$20.3-21.4 billion) in tourism receipts. These projected numbers were shared at the Tourism Industry Conference (TIC), held on 10 May at Marina Bay Sands.

Singapore is about to make a big splash in the wellness and motor sports arena, with two world-class attractions coming soon to the city. The Porsche Experience Centre is set to open in Changi by 2027 and a wellness attraction in the Marina Bay precinct by 2030.

MICE industry “firing on all cylinders” with increased support

Earlier this March, the STB unveiled its new global marketing campaign with an ambitious proclamation to position Singapore as the “World’s Best MICE City”.

Speaking at the TIC, STB chief executive Melissa Ow shared that the phrasing reaches beyond mere aspiration, with record turnouts observed at MICE events and festivals in 2023 and into 2024, including the World Congress of Dermatology and Singapore Fintech Festival last year and Singapore Airshow and Food & Hotel Asia - Food & Beverage in 1Q.

“We are well-positioned to capture travel demand, thanks to the industry’s agility and creative to transform and shape the tourism landscape of Singapore with us,” Ow stated.

Events to look forward to include the upcoming Safety & Security Asia which is estimated to attract 10,000 attendees, the110th Lions Club International Convention in 2028, and the International Union of Radio Science’s General Assembly and Scientific Symposium in 2029.

Support for local tourism leaders

To support the industry workforce, STB plans to enhance the Tourism Sustainability Programme (TSP) with more targeted assistance for sustainability certification, reporting, and carbon management.

STB will also launch the Tourism Leadership Programme (TLP) this year to equip leaders with necessary skillsets. A key TLP initiative is the Tourism Leadership Excellence & Advancement Programme (T-LEAP) for C-suite executives, high-potential leaders, and tourism business owners. T-LEAP covers training in technology, sustainability, and provides access to the Tourism Leaders Network for cross-collaboration.

T-LEAP's pilot run will be conducted in partnership with Sentosa Development Corporation for island tourism companies before expanding industrywide.

2040 vision: Tech and AI the way forward

The fight for tourism dollars is intensifying as nations vie to leverage the industry as an economic growth engine post-pandemic, said Ow. “There will be a premium on what is intrinsically unique, and that which truly delivers quality and value. The key question for us is if Singapore will continue to appeal and win over our visitors.” She said.

“Tourism 2040 is therefore a planning roadmap to identify and align our efforts around new growth areas for the sector as we embark on the next phase of our quality tourism journey. With increasing restraints on resources, technology and data capabilities will enable our tourism businesses to optimise resources, enhance visitor experiences, and become more productive.”

To this end, STB will support the industry in building critical tech skillsets, partnering through the hybrid innovation space Tcube to source and trial digital transformation solutions for businesses.


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