Singaporean hotel-prices drops by 35 percent

The economic decline is particularly hard on the tourist industry, but also quite advantageous for the tourists who now can enjoy massive fall in prices and discounts – especially in Singapore.

According to a Danish newspaper a survey from the Ovation Travel Group several cities has lowered their hotel-prices with up to one third. The survey states that Singapore is the country who has suffered the most for the financial decline, with a 35 percent decrease in the prices the small Southeast Asian country ranks number one on the undesirable list.


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