Affluent travelers drove a surge in post-race tourism and spending across Asia Pacific following the 2025 Formula 1 Singapore Grand Prix, according to Visa data. Here are the key insights from Visa’s analysis: Post-Race Travel Trends - 20% of international visitors to Singapore during the Grand Prix extended their trip to other Asia Pacific destinations. - On average, travelers added 3.5 extra days to their journey after the race. - 35% of long-haul travelers (from outside Asia) visited at least one other country post-race, exceeding the average. Top Destinations - Popular nearby destinations included Indonesia, Malaysia, and Thailand. - Longer-haul favorites were Australia and Japan. Spending Patterns - Travelers spent 40% more per person than they typically do at home. - The biggest spenders came from the United States, Australia, Mainland China, Germany, and France. - In Southeast Asia, spending focused on restaurants and eateries, while in Australia and Japan, retail purchases dominated. Affluent Traveler Impact - 25% of affluent cardholders made additional travel plans post-race, compared to 20% of all travelers. - They spent 20% more per person than other travelers, with notable increases in department store and apparel purchases. - Their extended itineraries included destinations in Europe and North America as well. Contactless Payments - 85% of all face-to-face transactions by post-race travelers were made via contactless cards. - Usage was nearly universal among travelers from Australia and the UK (around 95%). - Even in regions with developing infrastructure—like Japan, Cambodia, Indonesia, Malaysia, Thailand, and Vietnam—contactless usage exceeded 80%. Visa’s findings underscore how major events like the Singapore Grand Prix catalyze regional tourism and spending, especially among affluent travelers who seek seamless, secure payment experiences.
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