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 
Tourism
The New Chinese Traveler: Where They’re Going, How Much They’re Spending
While some destinations may have shifted focus away from waiting for Chinese travelers to return, those still targeting this market need to adapt. The message: Stay agile to meet the demands of a market that is regaining its momentum and redefining its priorities.
Online Travel
Altimeter Capital Partner Says AI Will Transform Travel Search: ‘It’s Already Happening’
Thomas Reiner says the best case scenario for online travel agencies is that they lose commissions. And metasearch engines could become things of the past.
Online Travel
GetYourGuide Shows European Commission How Google Should Fix Its Travel Ads
The European Commission may soon decide what Google must do to comply with the Digital Markets Act. In the experiences sector, GetYourGuide's proposed advertising changes may be an improvement for platforms and operators, but is the lack of price comparison among companies what travelers really want?
Online Travel
Kayak’s CEO: First AI-Online Travel Deal Will Be Like ‘A Dam Breaking’
There are huge stakes in how AI in travel will develop. And the truth is no one can say for certain at this point how it will play out.