Tech and Tourism: How Businesses Can Leverage Connectivity To Boost Revenue
Earlier this year, the Singapore Tourism Board projected that tourism receipts for 2024 would hit a record high of $29 billion. Driven by events like Formula 1 and concerts by star performers such as Taylor Swift, Coldplay, and Ed Sheeran, tourists worldwide continue flocking to local shores in droves. This influx of visitors has also had the added benefit of contributing to Singapore’s gross domestic profit by the way of spending. The biggest beneficiaries? Companies in retail, hospitality and F&B industries.
