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Pandemic situation to peak by 1Q2022; Singapore should see 'swift rebound' in tourism in 2Q2022: DBS

Felicia Tan
Felicia Tan2/18/2022 06:26 PM GMT+08  • 4 min read
Pandemic situation to peak by 1Q2022; Singapore should see 'swift rebound' in tourism in 2Q2022: DBS
Naturally, the aviation sector and hospitality S-REITs look set to benefit from the relaxed travel measures.
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With the new vaccinated travel lanes (VTLs) set to return from Feb 25, DBS Group Research analysts Jason Sum, Geraldine Wong and Rachel Tan estimate that Singapore should “reopen” by 65% to 70% by June and could potentially reach 90% to 95% if China eases its border controls.

New VTL lanes with Qatar, the UAE and Saudi Arabia will begin on Feb 25 and VTLs with Israel and the Philippines will begin on March 4.

In addition to the resumption of its new VTLs, Singapore is also looking to relax its quarantine and testing requirements.

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