- June 28, 2021
- Posted by: Stratford Team
- Category: Business
- Singapore’s borders have been closed since March 2020, and it has virtually no domestic travel.
- We spoke to three local tour operators to see how they survived the pandemic.
- One company said they pivoted to local experiences, but they only pull in 50% of their pre-pandemic revenue.
- See more stories on Insider’s business page.
When Singapore closed its borders in March 2020, the number of visitors to the island plunged 99% from what it was the previous year. Then came the cancelation requests.
“Around 70% of our bookings were cancelled, and 30% were postponed,” said Krystal Tan, director of Blue Sky Escapes, a local travel company known for crafting off-the-beaten-path experiences in destinations like Bhutan and Peru.
She wasn’t alone.
“Overnight, bookings came to a standstill,” said Jess Yap, one of…