Asian countries slash 2020 visitor arrival estimates up to a third because of Coronavirus
Singapore’s tourism arrivals and receipts will “take a significant hit” as result of the novel coronavirus, with visitor arrivals this year expected to dip about 25 to 30 percent, according to the latest estimates released Tuesday from the Singapore Tourism Board. This was a hard estimate to put out. Consistently ranked among Asia’s top regarded tourism and business destinations, Singapore attracts multinational meetings and events from across the globe as organizers and planners favor the city’s travel connectivity, top-notch infrastructure and stellar array of attractions. The coronavirus outbreak puts Singapore’s hub status into question, as coronaviruses infections mount in the city and a cluster of local and overseas coronavirus cases have been traced to a multinational business meeting involving more than 100 local and overseas participants at Grand Hyatt Singapore three weeks ago.