Everybody loves Changi Airport: Singapore hub posts record numbers for 2012
Skift Take
Changi's has managed some astounding successes both attracting more international business to Singapore and by making its terminals places that passengers on long-haul flights aspire to transit through.
Changi Airport Group (CAG) posted record retail revenues and passenger traffic for the financial year ended 31 March 2012, it announced today.
CAG said it turned in a “sterling” retail performance during the financial year, raising concession sales at Changi by +19% to a record S$1.75 billion (US$1.43 billion) – easily outstripping the +12% growth in passenger traffic for the year.
“This places Changi firmly among the top four airports in the world in terms of annual retail sales turnover,” CAG said.
Up Next
Business Travel
The State of Corporate Travel and Expense 2025
A new report explores how for travel and finance managers are targeting enhanced ROI, new opportunities, greater efficiencies, time and money savings, and better experiences for employees with innovative travel and expense management solutions.
Sponsored 
Hotels
Hotel Deals Outlook: Hot for Luxury, Frozen for Mid-Size Properties
The U.S. hotel transaction market has split into a tale of two cities. The smallest and largest properties are trading hands, while deals in the middle (roughly ones worth $50 million to $250 million) are frozen.
Hotels
Oyo’s New Rule: Unmarried Couples Not Allowed Hotel Stays in Meerut, More Cities Could Follow
Oyo’s new rule reflects a tricky balance between growing its business and meeting societal expectations. It might win local approval in some markets but could turn off younger, progressive travelers.
Experiences
The Long Tail of Luxury Travel Rewards
Loyalty programs used to feel cookie-cutter — you had points, but your options were limited to a standard king-size suite or a business-class seat. Today, points let you dream bigger (and more luxe), whether it’s a secluded wellness retreat, a private cultural tour, or a completely custom vacation rental.
Sponsored 
Hotels
Hospitality Needs a True North Star
Why do we choose one hotel over another? Why do we come to work every day? These simple questions reflect a growing need in the hospitality industry to cultivate a sense of purpose — a guiding principle for navigating the demands of an increasingly complex world.
Sponsored