Potential Benefits for Genting Singapore if Singapore Introduces 30-Day Visa-Free Entry:
Increased Tourism:
More visitors: The relaxed visa requirements could attract a wider range of tourists, particularly those from visa-exempt countries who might have previously skipped Singapore due to visa hassles.
Longer stays: Visitors with a 30-day visa-free period might be more likely to extend their stay in Singapore, spending more money on accommodation, attractions, and other activities.
Repeat visitors: Positive experiences during a visa-free visit could encourage tourists to return for longer stays or future vacations.
Enhanced Occupancy Rates:
Higher demand for hotels: Increased tourist influx could lead to higher occupancy rates at Genting's hotels like Resorts World Sentosa and Equarius Hotel.
Premium room bookings: Longer stays might encourage travelers to book premium rooms or suites, generating higher revenue per guest.
Package deals: Genting could create attractive package deals combining accommodation, attractions, and dining experiences to entice visa-free visitors.
Boosted Casino Revenue:
More casino players: Visa-free entry could attract high-rollers and casual gamblers from new markets, potentially increasing casino revenue.
Longer gaming sessions: Visitors with more time in Singapore might spend more time and money at the casino.
VIP programs: Genting could develop targeted VIP programs for visa-free visitors offering exclusive benefits and incentives to encourage casino play.
I am bullish on Genting Singapore. Do you own due diligence check before invest.
@MillionaireTiger @TigerEvents @TigerStars @TigerSG
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