Singapore: Food Service - Hotel Restaurant Institutional
Singapore’s Hotel, Restaurant, and Institutional (HRI) sector is highly dynamic and competitive, with steady growth in all sectors. Strong demand by tourists and business travelers drive the HRI sector offering opportunities for U.S. exporters. The HRI sector serviced some 5.5 million residents and 15 million tourists and business visitors in 2015. Tourist receipts totaled $16.5 billion. Leading prospects include U.S. prime beef cuts and seafood, dairy and specialty fruits and wines for the sector.