Hotels Recovery Guide Singapore
July 09, 2020
Despite COVID-19 pandemic, Singapore is considered the world’s most competitive economy for two consecutive years and remains the high priority destination favoured by investors. The city-state also has one of the highest hotel occupancy rates globally amidst COVID-19, with many serving as government quarantine facilities.
In this short guide covering Singapore, we look back at the health of the tourism and hospitality sectors prior to COVID-19; assess the impact of the global pandemic and evaluate the recovery path as lockdown restrictions gradually ease; and provides a country forecast for the rest of the year.