• During the week of the Night Race, Singapore saw over 20% surge in international visitors,[1] driving close to 30% spending uplift
  • High-net-worth visitors[2] surged by over 70%, contributing to approximately 70% increase in their overall spending
  • Visa cardholders from Hong Kong SAR, Japan, Malaysia, Australia, U.K., U.S. accounted for over 40% of tourism spend
  • SMBs in Singapore saw a spending increase of over 50% by tourists [3]
SINGAPORE, Oct. 3, 2024 /PRNewswire/ -- As Singapore's premier international night racing event concludes, Visa, the world leader in digital payments, today unveiled data[4] demonstrating consumer behaviours and spending patterns during the week-long September spectacle.

The data, based on Visa's analysis of the spending patterns of Visa cardholders during the this period, revealed over 20% increase in international visitors, driving close to a 30% uplift in overall spending.[5] Such benefits extended to local spending as well, resulting in a 10% uplift during the same period.[6]

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