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As per market research, the occupancy rate at Singapore’s hotels are set to take a minor hit in 2015, yet the local industry remains upbeat. The downturn is mainly due to reduced Chinese visitors and increase in online business attracting other forms of hospitality. The AEC conference this year is set to boost tourist numbers. The tourism board does not anticipate any major cuts in travel jobs. This sentiment is echoed by the private industry as well. 

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