•Visitor arrivals were on an upward trajectory, recording month-on-month growth in March and April 2021 before declining in May and June 2021

•Tourism receipts reported at S$0.4 billion for Q1 2021, a y-o-y decline of 90.1%

•Overall hotel performance continues to be impacted by Covid-19 despite support from the Government

•Passenger movements at Changi Airport continues to remain weak at 0.95 million for H1 2021, a y-o-y decline of 91.5%

•Travel arrangements in discussion: Hong Kong, New Zealand and Australia

•SingaporeRediscovers Vouchers scheme extended by a further six months to 31 December 2021

•Pricing expectations still persist but slight pick up in investment momentum in H1 2021

•New international hospitality brands such as The EDITION and Mondrian entering Singapore in the short term

•Target of 80% of the Singapore population to become fully vaccinated by September – points towards border reopening