{"id":26438,"date":"2025-12-15T09:04:05","date_gmt":"2025-12-15T09:04:05","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/12\/15\/indian-tourists-among-biggest-spenders-on-luxury-goods-in-singapore\/"},"modified":"2025-12-15T09:04:05","modified_gmt":"2025-12-15T09:04:05","slug":"indian-tourists-among-biggest-spenders-on-luxury-goods-in-singapore","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/12\/15\/indian-tourists-among-biggest-spenders-on-luxury-goods-in-singapore\/","title":{"rendered":"Indian tourists among biggest spenders on luxury goods in Singapore"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>Tourists from India are among the biggest spenders on luxury goods in Singapore, helping the city-state&#8217;s high-end product retailers defy a global downtrend in spending on premium products, a top business association here said on Monday, December 15.<\/p>\n<p>Indian tourists spent SGD 812.17 million in Singapore in the first half of 2025, a rise of 4.40% over the same period last year, according to Singapore Tourism Board (STB) statistics.<\/p>\n<p>\u201cIndian travellers continue to be one of the island&#8217;s most commercially significant markets, and they are among the tourists helping to lift luxury spending in Singapore,\u201d Orchard Road Business Association (ORBA) Chairman Mark Shaw said.<br \/>ORBA is Singapore&#8217;s key body managing and promoting Orchard Road, a premier shopping belt.<\/p>\n<p>Experts say, besides India, tourists from China and Indonesia are also helping the city-state defy a global downtrend in luxury spending.<\/p>\n<p><strong><a href=\"https:\/\/www.cnbctv18.com\/photos\/travel\/how-indians-travel-10-things-you-should-know-about-domestic-and-outbound-tourism-trends-19790634.htm\">Also read: <span class=\"cf0\">How Indians travel: 10 things you should know about domestic and outbound tourism trends<\/span><\/a><\/strong><\/p>\n<p>\u201cIndian travellers have high spending and longer-than-average lengths of stay at 6.3 days. These longer trips translate to higher discretionary spending across retail, dining, entertainment, attractions and accommodation,\u201d Shaw said.<\/p>\n<p>He was commenting on increased footfalls at Orchard Road\u2019s Christmas Market and Village during the annual year-end festive season.<\/p>\n<p>The Mastercard Economics Institute\u2019s 2024 Travel Trends report noted that India\u2019s expanding affluent base is increasingly seeking luxury experiences, jewellery and high-end fashion, reflecting rising disposable incomes and aspirational lifestyles.<\/p>\n<p>Indian visitor arrivals in Singapore reached 1.03 million in the first 10 months of the year, up 2.6% year-on-year, STB data showed. Overall, Singapore attracted 14.25 million visitors during Jan-Oct 2025, up 2.5%.<\/p>\n<p>According to Euromonitor International, Singapore is among the few major tourism hubs expected to see an uptick in luxury sales this year.<\/p>\n<p><strong><a href=\"https:\/\/www.cnbctv18.com\/travel\/destinations\/indians-start-early-bookings-this-winter-holiday-season-opt-for-longer-experience-led-stays-report-19786743.htm\">Also read: <span class=\"cf0\">Indians start early bookings this winter holiday season; opt experience-led stays: Report<\/span><\/a><\/strong><\/p>\n<p>The London-based market research firm projects luxury spending in Singapore to grow 7-9% to about SGD 13.9 billion in 2025, outperforming other regional shopping hubs such as China and Japan.<\/p>\n<p>The growth is being driven by affluent consumers seeking premium products, experiences and so-called \u201cquiet luxury\u201d. Singapore is also home to a rising number of high-net-worth individuals, including 55 billionaires, according to a UBS wealth report released on December 4.<\/p>\n<p>Global luxury brands such as Prada and Van Cleef &amp; Arpels have increased their visibility along Orchard Road\u2019s hotel-shopping belt through outdoor installations, capitalising on heightened visitor activity during the festive season.<\/p>\n<p>A key attraction is ORBA\u2019s annual Orchard Road Christmas Light-Up, ranked among the world\u2019s top five, featuring decorative displays, snowfall shows, markets, live entertainment and street festivities.<\/p>\n<p>Orchard Road is one of Singapore&#8217;s two major shopping districts that continues to draw leading global luxury brands.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnbctv18.com\/travel\/indian-tourists-among-biggest-spenders-on-luxury-goods-in-singapore-19791318.htm\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tourists from India are among the biggest spenders on luxury goods in Singapore, helping the city-state&#8217;s high-end product retailers defy a global downtrend in spending on premium products, a top business association here said on Monday, December 15. Indian tourists spent SGD 812.17 million in Singapore in the first half of 2025, a rise of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":26439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":["post-26438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-travel"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/26438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=26438"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/26438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/26439"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=26438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=26438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=26438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}