Singapore, May 10, 2013 – Singapore’s Changi Airport saw 51.2 million passengers pass through it last year, a 10% jump from 2011 and a record high for this international air hub. For this remarkable achievement, they have budget travelers to thank.
According to Changi Airport Group, travelers within the Asia-Pacific region accounted for 8 out of 10 travelers at the airport. The strong growth in the region has fed an increasing appetite for travel, especially in the budget sector. Also seeing the effects of this growth is the sector for budget hotel in Singapore, as noted by BudgetHotels.sg, a specialist portal in budget accommodation bookings.
“As a cosmopolitan, well-connected city served by many international airlines, Singapore is very popular with the short-stay visitor,” commented Danny Lee, founder of BudgetHotels.sg. “We see a lot of tourists on stopover, businessmen, as well as those from the region who come here for shopping. As they don’t stay very long, they prefer cheap Singapore hotels over luxury.”
Indeed Asian-Pacific travelers are a group that prizes value for money, as discovered by PhoCusWright, a market research company specializing in the travel industry. They are predicting that in 2013, Asia-Pacific travelers will spend US$357 billion on travel, with 14 percent going towards bookings in South-East Asia. These bookings are made online rather than through an agent, indicating that they are looking for bargains.
In response to the changing profile of travelers, a new breed of budget hotel has sprung up. These are modern hotels that offer compact rooms and standing showers only, but contemporary furnishings and attractive amenities like free Wi-Fi internet access. According to Lee, these new hotels are very popular with short-stay travelers who don’t require luxury, but don’t want anything too rudimentary either.
Changi Airport is also rapidly changing to appeal to this group of travelers too. It has integrated its former Budget Terminal into the main airport, and plans to build its fourth terminal in its place. Budget travelers now enjoy all the same perks and amenities in the airport as other travelers.
With so many conveniences offered, it is no surprise that budget travel is becoming an important part of Singapore’s tourism economy. For the latest Singapore hotel promotions and deals, please visit http://www.budgethotels.sg/hotel-deals/
Created specially to cater to budget travelers looking for cheap hotels in Singapore, BudgetHotels.sg is an online hotels guide platform that’s the first-of-its-kind in Singapore and Asia. The site uniquely brings together a compilation of affordable hotels in Singapore selected for their proximity to MRT train stations. On top of that, it also offers sightseeing suggestions and tips tailored for budget business and leisure travelers.
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