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The Singapore Tourism Board has said that the regions new casino industry is drawing visitor and helping the economic recovery.
Singapore has allowed two gaming companies to open Integrated Resorts in an attempt to reduce dependence on manufacturing.
Visitor arrivals rose 24% to 857,000 in February as the first of two casinos opened its doors in line with the Lunar New Year Holiday.
Hotel occupancy rose to 79.7% although room rates fell 1.5% from a year earlier.
Malaysia’s Genting Group owns the $4.7 billion resorts World on Sentosa that is believed to be responsible for the increased numbers.
Las Vegas Sands Corp will open a portion of its $5.5 billion Marina Bay Sands in April.
The board said they anticipate arrivals to grow by as much as 30% this year, once both resorts are fully operational.
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