Singapore’s F1 race boosts tourism to other countries in Asia-Pacific

From $ 62,000 hotel suits Racing packages with six -digit price tagsSingapore Grand Prix is ​​a decline for businesses near the Marina Bay track.

But money doesn’t stay in Singapore. The data shows that travelers spent in Asia before and after the three -day Formula 1 race that began on Friday.

Flight reservations analyzed by the marketing platform Sojarn, one -fourth of the Americans and Canadians among those with forward -looking trips, added trips to Japan, 18% of Europeans visited Thailand and about one -third of the Australians to Bali.

Other travelers match this year’s event in Singapore with side trips to China, South Korea, India, Maldives and Fiji.

Samer Elhajjar, a Senior lecturer at the National University of Singapore said that travel websites in other countries have traveled to Singapore’s night race with stops at popular island destinations in Southeast Asia.

“Visitors will come to Singapore, enjoy F1 and then move to Bali for two or three days,” he said. “This is actually surprising for the economy of the region.”

CNBC Travel found travel packages to 2025 Singapore Grand Prix with trips to Langkawi and Borneo in Malaysia. to wander It combines this race with stops in Japan, Hong Kong and Vietnam.

Sojern’s data Visa report Other Formula 1 races in Asia-Pacific were published in May showing that tourism revenue is provided outside the host cities.

According to Visa’s data, approximately 25% of foreigners participating in the 2025 Australian Grand Prix remained in Melbourne suburbs after the race. Nevertheless, some of them entered the Yarra Valley Wine Zone and 5% went to Sydney, about 500 miles.

According to the report, international participants in the Grand Prix of the Japanese Grand Prix in April. The data showed that about 10% went to Osaka and 5% to Kyoto; However, the most popular target to be visited after the race is Okinaawa (20%), more than 700 miles from the circuit.

The three -day Singapore Grand Prix attracted its global leaders and business trips to the planned trade forums such as crypto conference and turned into a week -long event. Token2049 And Milken Institute Asia Summit.

According to Sojern’s data, travelers from North America and Europe consist of about a quarter of the arrival in front of the arrival of this year’s race and tend to come earlier than those from Asia.

Australians still have the biggest share of the incoming flight reservations; However, arrival from South Korea and China has increased this year and entered the top 5 and exceeded England.

The 2025 race attracted more than 6.6% increase compared to last year, while solo travelers decreased by 8% and show an increase in entertainment travelers participating in the race.

Singapore National University Elhajjar, “This means that accommodation will be extended,” he said. “Great for the Singapore economy … [and] Economy of the region. “

A separate survey from Hilton, which was released on Thursday, found that 40% of the travelers in Asia-Pacific plans to make an international travel reservation to participate in a sports or music event led by 57% of the participants in China and 57% in India.

“Findings strengthen a wider consumer change, customers are increasingly prioritizing their expenditures on physical goods,” Asia Pacific Senior Vice President and Commercial Director Ben George said. He said.

The questionnaire questioning 5,000 participants from China, India, Japan, Australia and Singapore announced that the passengers spent more money and the points of loyalty Authorized about experiences such as drivers in these events and meetings and greetings with the back of the stage tours.

George said that Hilton members spent more than 9 million loyalty points in six Singapore Grand Prix experience package this year, which was “a 23% increase compared to last year – the highest sum of this race to date.”