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Cruise boom helps to offset Singapore downturn

Friday, 3 July 20093 min read

SINGAPORE – Singapore’s cruise industry is remaining buoyant during the current economic storm.

Although tourist arrivals to Singapore have been drifting for 12 straight months, the tide is turning in favour of cruise holidays.

For the first five months of this year, the Singapore Cruise Centre saw 459,000 passengers go through its gates – a 21 per cent increase from the same period last year, which registered 380,000 passengers.

Overall, Singapore’s tourism industry plummeted further in May as hotel room revenue fell 37.7 per cent compared to a year earlier and the number of visitor arrivals was back to a double-digit decline, the Singapore Tourism Board said.

Total visitor arrivals came in at 730,000, a decline of 13 per cent compared to May 2008.