Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE SINGAPORE EDITION 2026

Singapore’s
travel and hospitality industry,
in focus.

The companies, capital and talent shaping travel and hospitality in Singapore. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Travel and Hospitality Industry Landscape of Singapore
SG
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Travel and Hospitality illustration
MEET THE COMPANIES

Explore Singapore’s travel and hospitality leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

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Travel and Hospitality company highlights in Singapore, snapshot 3 September 2026
Company
Jewel Changi Airportjewelchangiairport.com$721.02M
ZUZUzuzuhospitality.com$21.6M250Financial figure available in RadarView in Radar
Avationavation.net$10.47M13Financial figure available in RadarView in Radar
Iconicicon1c.com$7.91M
Mad Monkeymadmonkeyhostels.com$4.6M1 roles56
Butlergetbutler.com$540K8
ETHOZethozgroup.com2 roles
Frasers Hospitalityfrasershospitality.com1 rolesFinancial figure available in RadarView in Radar
Pan Pacific Hotels Grouppanpacific.com1 roles103
Penguinpenguin.com.sg1 roles14,500
Preztigez Asiapreztigezasia.com1 roles
SBS Transitsbstransit.com.sg1 roles9,934
SIA Engineering Companysiaec.com.sg1 roles5,515Financial figure available in RadarView in Radar
Ascottthe-ascott.com4,391
BOC Aviationbocaviation.com195
Changi Airportchangiairport.com2,531Financial figure available in RadarView in Radar
ComfortDelGrocomfortdelgro.com22,972Financial figure available in RadarView in Radar
Discover ASRdiscoverasr.com
Nationalgallerynationalgallery.sg
Singapore Airlinessingaporeair.com122Financial figure available in RadarView in Radar
Synergy Groupsynergymarinegroup.com1,878Financial figure available in RadarView in Radar
hotel grand centralgrandcentral.com.sg1,251
hotel propertieshotelprop.com.sg50
jetstar airwaysjetstar.com4,250
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Travel and Hospitality industry KPIs in Singapore

A few useful ratios bring the size of this ecosystem into perspective.

3 September 2026
Hiring participation2.2%

8 of 363 tracked companies have open roles.

Funding participation2.5%

9 of 363 tracked companies have a recorded round.

Top 3 funding share98.3%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$5.9M

Midpoint of 10 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 98.3% of disclosed capital, while 97.5% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Singapore travel and hospitality has grown

Recorded company formation and disclosed funding across the complete annual series shown.

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2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Singapore travel and hospitality
$0$205.49M$410.98M$616.47M$821.96M2016: $1M20162017: $2M20172018: $020182019: $4.24M20192020: $020202021: $10.47M20212022: $4.6M20222023: $9M20232024: $721.02M20242025: $5.9M2025
View the numbers
Annual travel and hospitality funding and company formation in Singapore
YearFunding (USD)FoundedRaising
2016$1M171
2017$2M161
2018$0130
2019$4.24M152
2020$0150
2021$10.47M91
2022$4.6M71
2023$9M71
2024$721.02M71
2025$5.9M01
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Jewel Changi Airport94.1%
  • ZUZU2.8%
  • Avation1.4%
  • Other companies1.7%

Funding by stage

16 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel7 43.8%
Series A–B7 43.8%
Series C+ / PE0 0.0%
Grants, debt & other2 12.5%

Recent recorded rounds

Latest recorded rounds · USD
1 rounds

Swipe or scroll horizontally to browse.

Largest and notable recorded rounds

Each card is one recorded round
8 cards

Swipe or scroll horizontally to browse.

Series A02/2026
Iconicicon1c.com$7.91M

Participating investors were not recorded in this snapshot.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

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Annual accounts availability

No reviewed exact national-ID connector has yet been qualified for Singapore; this is a checked implementation boundary, not evidence that filings are absent.; No reviewed exact national-ID connector has yet been qualified for Singapore; this is a checked implementation boundary, not evidence that filings are absent.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Singapore companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

7 of the 363 companies on this page carry a measured traffic record (1.9%); these are the largest of those, by monthly visits. The median among them is 341,143 visits.

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

17 of these companies (4.7%) publish at least one Android app — 21 apps in all, carrying 11M installs between them.

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2024Q2–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Passenger Airlines39.8MSingapore Airlines 5.3M
Hotels7712.7KAscott Star Rewards: Book Stay 638.9K
Airport Operators391.2KSWEET Changi Airport 47.5K
Tour Operators260.6KBatamFast Online Ferry Booking 59.7K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

INSIDE THE INDUSTRY

The Singapore travel and hospitality market map

Explore the segments behind the headline numbers.

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Where companies are building

Rank segments by scale, hiring or disclosed funding.

Segment data unavailable0

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Segment data unavailable

The largest measured segment in this report snapshot.

0companies
0%have hiring activity

0 companies hiring · $0 disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

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Recent corporate headlines 8 dated reports
Funding roundsbocaviation.com ↗

BOC Aviation has completed a self-arranged club loan transaction worth US$2 billion with the participation of 19 international banks, strengthening its funding base and supporting future growth.

Funding roundsavation.net ↗

Its first issuance under this new programme totals USD 300 million in senior unsecured notes, maturing in May 2031, with an 8.5% coupon.

Mergers & acquisitionscomfortdelgro.com ↗

ComfortDelGro became the sole owner of taxi operator CityCab on Monday, after acquiring all of ST Engineering Land Systems’ shares for a total purchase consideration of S$116.3 million.

Funding roundszuzuhospitality.com ↗

ZUZU Hospitality, the Singapore-based revenue management and distribution platform for independent hotels, announced Thursday that it has raised $5.9 million in a Series B-Extension round.

Mergers & acquisitionsthe-ascott.com ↗

UK/US: Habicus Group, owner of SilverDoor, and The Ascott Limited, parent company of Synergy Global Housing, will merge SilverDoor and Synergy’s operations to unite the brands under a single group.

Mergers & acquisitionssingaporeair.com ↗

Singapore Airlines (SIA) said the merger has been completed and Air India will be an associated company of the airline, adding that it will invest an additional Rs 3,194.5 crore in the enlarged entity.

Mergers & acquisitionsoakwood.com ↗

Business First Bancshares, Inc. (Business First) (Nasdaq: BFST), the holding company for b1BANK, has completed its acquisition of Oakwood Bancshares, Inc. (Oakwood), the holding company for Oakwood Bank.

Contractschangiairport.com ↗

In order to develop the airport as its hub, the express group has signed a Memorandum of Understanding (MoU) with Changi Airport Group (CAG) that will see Singapore act as a hub for SF’s business heading to/from Southeast Asia, South Asia and Oceania.

Full recorded event mix

Top 10 categories among 267 recorded events in the 24-month window.

Earnings
70
Company announcements
55
Contracts
44
Leadership moves
35
Asset acquisitions
18
Mergers & acquisitions
13
Funding rounds
9
Lawsuit
6
Capital infusions
5
New products
5
5 activity cards

Swipe or scroll horizontally to browse.

Leadership moves

14 tracked people moves

Vinod Kannan

Appointment Senior Vice President Sales and Marketing

Goh Choon Phong

Appointment Chief Executive Officer

Lim Sim Seng

Appointment Deputy Chairman and Non-Executive Independent Director

Ascott ↗
Rohit Dar

Appointment Vice President & Head of South Asia

Liam Griffin

Promotion Group role within parent company ComfortDelGro

Craig Bond

Appointment Chief Operating Officer

Kate Loh

Appointment Head of Development

Celine Du

Appointment Chief Commercial and Marketing Officer

Product launches

Products, platforms and features in the recorded window

Zig Driverless

Autonomous shuttle

ZigBiz

Corporate booking

Contract wins

31 recorded customer wins

Customer: sf groupLogistics

Customer: Shenzhen S.F. Taisen Holding (SF)Air Cargo and Logistics

Customer: sky airlineAviation

Customer: Shipping Corporation of India Land and AssetsMaritime training, research and knowledge exchange

Customer: yang ming marine transportMaritime Shipping

Avation ↗

Customer: Cambodian AirwaysCommercial aviation

Litigation

6 tracked suits

Company
passengers v jetstar airways

Travel credits valued less than refunds for canceled flightsClass Action · Ongoing

Company
sgx v Stamford Land

breach of SGX rule 877(10) regarding allocation of excess rights sharesRegulatory · Settled

Earnings pulse

Reported company results in the recorded window.

11companies
116period observations
3.5%median reported growth

Median across 86 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
ComfortDelGroST Engineering Land SystemsCompleted2025-09-02Not stated in snapshot
ComfortDelGrocitycabCompleted2025-09-01$1.2B
habicus groupAscott ↗Announced2025-08-12Not stated in snapshot
Singapore Airlinesair indiaCompleted2025-02-21Not stated in snapshot
adventureSilkway Travel Asia ↗Announced2025-01-05Not stated in snapshot
ComfortDelGroaddison leeAnnounced2024-10-24Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

71 postings in the preceding 12 months. The full 479-posting snapshot covers 249 employers.

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Most advertised job titles

Chef De Partie14
Finance And Admin Officer (Up To S$2.5K Base!/Hospitality Mnc!/Clarke Quay!)10
Restaurant Manager9
F&B Supervisor7
Building Technician (Up To S$2.2K+!/Leading 5*Hospitality Mnc!/Town)7
Sales Executive (Hospitality/ Real Estate/ Basic+Comms $5000!/ Hunter Role!)6
0 internship postings

0 tracked postings mention remote work.

The seniority mix

144 postings specify a level.

unspecified
335
manager
94
senior
22
entry
17
lead
8
intern
3

Skills employers mention

Top skills across 479 tracked postings in the available jobs snapshot.

Hospitality
398
Customer Service
233
Inventory
150
Team Player
135
Interpersonal Skills
118
Sanitation
109
Cashiering
105
Customer Satisfaction
104
Housekeeping
103
Leadership
97
ADVERTISED PAY$293.0K/ year

Median across 375 postings with pay data, expressed in USD.

Salary by seniority

manager$426.2K/ year83 postings

Advertised posting medians do not describe all employees or roles.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

51 founders and chief executives across 45 companies.

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12 profiles

Swipe or scroll horizontally to browse.

Education networks

13 profiles with education records.

Cornell University
2
Nanyang Technological University (NTU)
2
INSEAD
2
Columbia Business School
1
Monash University
1
Massachusetts Institute of Technology
1
MIT Sloan School of Management
1
Singapore Management University (SMU)
1

Prior employers

0 profiles with prior-work records.

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

301,633 articles in the measured 12-month window.

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301,633articles in the measured year
51,501articles in 2026Q1
42.0%positive tone in the latest complete year

News volume trends

Travel and Hospitality coverage across Singapore · articles per complete quarter

043,25586,509129,764173,0192021Q2: 39,2932021Q22021Q3: 43,4742021Q4: 39,5872022Q1: 42,8802022Q2: 43,9912022Q22022Q3: 49,3212022Q4: 54,9962023Q1: 57,2042023Q2: 56,3272023Q22023Q3: 57,2462023Q4: 62,8312024Q1: 60,9412024Q2: 71,4412024Q22024Q3: 69,9712024Q4: 73,0142025Q1: 86,9492025Q2: 56,5672025Q22025Q3: 150,4512025Q4: 45,6212026Q1: 51,5012026Q1
View quarterly article counts
QuarterArticles
2021Q239,293
2021Q343,474
2021Q439,587
2022Q142,880
2022Q243,991
2022Q349,321
2022Q454,996
2023Q157,204
2023Q256,327
2023Q357,246
2023Q462,831
2024Q160,941
2024Q271,441
2024Q369,971
2024Q473,014
2025Q186,949
2025Q256,567
2025Q3150,451
2025Q445,621
2026Q151,501

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
67,640 positive · 31,934 neutral · 30,723 negative
2022
98,782 positive · 49,691 neutral · 42,535 negative
2023
126,271 positive · 61,910 neutral · 45,231 negative
2024
131,540 positive · 96,289 neutral · 47,347 negative
2025
142,412 positive · 152,061 neutral · 44,867 negative

Leading coverage topics

Travel and Hospitality coverage across Singapore · ranked by full-period article count.

International And Transnational Geographic Entities299,234 articles in the full recorded period
108,072 recent · 81,366 prior
Geopolitical Disputes And Contested Areas299,224 articles in the full recorded period
108,067 recent · 81,361 prior
Administrative And Political Subdivisions299,220 articles in the full recorded period
108,067 recent · 81,360 prior
Cryptocurrency Impact On Forex Markets17,015 articles in the full recorded period
4,332 recent · 3,253 prior
New Product Launches And Innovations11,543 articles in the full recorded period
3,167 recent · 2,443 prior
Strategic Partnerships And Collaborations11,276 articles in the full recorded period
3,179 recent · 2,400 prior
Technology Adoption And Digital Transformation8,650 articles in the full recorded period
2,414 recent · 1,832 prior
Executive Leadership Changes And Appointments8,086 articles in the full recorded period
1,709 recent · 1,603 prior
International Political Relations8,059 articles in the full recorded period
1,868 recent · 1,675 prior
International Sports Competitions7,079 articles in the full recorded period
1,518 recent · 1,508 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Travel and Hospitality coverage across Singapore

KeywordRecentPriorChange
countries4,1921,858126%
stablecoin fx impact687306125%
decentralized forex67540268%
study overseas593188215%
overseas study540176207%
semester abroad473146224%
international programs34597256%
tanker routing32253508%
aframax tankers31868368%
export sanctions28597194%
flight safety measures128519-75%
f1 world championship324509-36%
f1 championship302477-37%
direct investments (pe)266440-40%
brent crude forecast92425-78%

Event and signal lenses

Travel and Hospitality coverage across Singapore

All complete annual cohorts shown
Rising

Regulatory Risk

655,621 classified articles

territories, disputed islands, countries

18.3% critical · 16.0% positive
Rising

Funding Momentum

45,415 classified articles

inflation reports fx, currency intervention policies, pre-ipo valuation

41.1% critical · 58.7% positive
Rising

Growth

87,314 classified articles

gdp growth forex, gdp growth rate, inflation reports fx

39.4% critical · 51.8% positive

Travel and Hospitality coverage across Singapore. Topic labels describe recorded classifications and can include broad context.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
4 cards

Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Travel and Hospitality in Singapore: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 3 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon