Professional Documents
Culture Documents
Background
1960s economies of the two cities started to boom
Evolved into the major financial centers in Asia 2007 both in Top 3 of the most competitive sate (International Institute for Management Development) Comparison of their policies:
Expanding the Horizon (Hong Kong)
Tourism 21 (Singapore)
Similarities
Nature of the destination
British colonies Cultural experience of East meets West
Stage of development
Rapid increase in tourist arrivals (1979-2007) Well developed infrastructure (airports, transportation,..)
Singapore teaches..
Attitudinal aspect
Recognition and proactive support from government to the tourism industry Visionary leadership instead of reactiveness
Eagerness to learn
Strategic aspect
Experiences in being a hub in ASEAN (Association of South East Asian Nations) Providing more subsidies to private sector Liberalizing the aviation policy further
To be more market driven, so that the private sector can be more resilient to challenges
Strategic aspect
Experiences in dealing with the Chinese outbound market try to understand better the huge, diversified source market