Quick recovery for Singapore’s travel industry, long term growth remains: Iswaran

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DAVOS, Switzerland: A long-term growth potential for Singapore’s tourism industry remains, due to pent up demand among consumers for travel, said Transport Minister S Iswaran on Monday (May 23). Mr Iswaran said passenger traffic at Changi Airport has already picked up to at least 50 per cent of pre-pande

DAVOS, Switzerland: A long-term growth potential for Singapore’s tourism industry remains, due to pent up demand among consumers for travel, said Transport Minister S Iswaran on Monday .

Speaking during a panel session on revitalising travel and tourism at the World Economic Forum annual meeting in Davos, he added that this is much faster than the authorities had projected.“What this also means, though, is that the manpower issues, the resource constraints, they’re also going to bite. Because it’s one thing to say, ‘I’m going to increase capacity by 50 per cent’, but you can’t just flick the switch.

 

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Long long term growth remains 🤣🤣

Trying to paint a rosy picture using long term projections. How about giving a medium term projection first?

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