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Thursday, August 30, 2012

More indications of Tourism Bloom in Singapore

Lim (2012) stated that "Both Singapore and China are hoping the Giant Pandas can fly to Singapore by the end of the year."

On the other hand, with the completion of the new Terminal 4, SATS will most likely be the main operator for their gateway services. SATS core business includes gateway services and food solutions. As the operator of the new Passenger Cruise Terminal, they are in a good position to capture the tourism bloom in the next 5 years.

Another GEM that i missed out is Genting Singapore, previously turning a 2Billion in debt 2-3 years ago into 0.5M in cash. 


LEISURE & ENTERTAINMENT (2012) states that "The construction hindered Genting from aggressively pushing the new Equarius and Beach Villas." The completion of the Marine Life Park will attract more people to the luxury tourist accomodations. Genting Singapore will definitely benefit from the Tourism Bloom in the next 5 years as well.

Reference List

Lim, K 2012, Pandas' arrival from China set for year-endviewed 31 August 2012
<http://www.channelnewsasia.com/stories/singaporelocalnews/view/1201688/1/.html >.

LEISURE & ENTERTAINMENT 2012See how Marine Life Park's construction screwed Genting's new VIP products, LEISURE & ENTERTAINMENT , Singapore, viewed 31st August 2012, 
<
http://sbr.com.sg/leisure-entertainment/news/see-how-marine-life-parks-construction-screwed-gentings-new-vip-products>.

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