CS Strategy

CS has Strategy Report. Note that Singapore Tourism Board (STB) is looking for record average tourist spending, projecting a record 12-13m visitor arrivals in 2011, 3-12% growth over 2010 and tip tourism receipts to jump 17-28% in 2011 to S$22-24b. Key tourism stocks that are positive would include Genting SP, SIA, SATS, CDLHT, AirAsia and ComfortDelGro.