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Message in a Bottle

Singapore’s Future Travel Strategy Applied to Vietnam

By Long Vuong

What can Vietnam learn from Singapore when it comes to the travel industry?

2

Aug 2020

Singapore is the most polished travel destination in Southeast Asia. Thailand, Malaysia, and Vietnam may claim to have attracted more visitors in 2019, but there is no denying the ease and convenience of travel to Singapore, a country which manages to elevate itself as a top tourism destination despite being 0.22% of Vietnam in size.

I surely feel that other countries can learn from Singapore’s success in this area – its reputation as a tourism hotspot is not coincidental but a result of meticulous planning and preparation to capture future trends. The Singapore Tourism Board is now again, anticipating a new trend – that of the Gen Z Travelers (people born from 1997 to 2012), 60% of whom reside in Asia, and who will soon enter their peak spending years. This group may not currently be the biggest spenders, but it is important to cultivate a strategy early to capture this huge market.

Singapore has identified three key characteristics of Gen Z Travelers:

  1. Desire for flexible travel – They want greater control and autonomy over their travel experience, not strict and rigid travel schedules.
  2. Propensity for online information gathering – Comparison of multiple sources and importance of reviews (anonymous reviews can have equally great impact on opinions and preferences)
  3. A distinct lack of brand loyalty – Price, convenience, and other perks and bonuses top familiarity and reliability.

As a Vietnamese, I think that our tourism industry, although rapidly growing, is not innovating enough

As a Vietnamese, I think that our tourism industry, although rapidly growing, is not innovating enough. In relation to Vietnam and Vietnamese travel providers, companies, and tourism-related industry players, I think there are a few things they can anticipate and do to keep up with the trends and preferences of Gen Z Travelers:

  1. Provide customized travel packages – Travel companies could provide an option to let travelers design their own itinerary. Mix and match activities, free days, options for social or group activities are all viable options to give travelers some control and autonomy back while also providing them the security and assistance that comes with purchasing a travel package.
  2. Offer alternative destinations – Gen Z Travelers may not be satisfied with classic “must-see” travel destinations which are thronged with tourists. Take this chance to offer trips to less well-known, but still interesting destinations – Quy Nhon, Phong Nha, Ha Giang, and more.
  3. Invest in targeted marketing – Instead of one marketing channel that “covers all bases for all travelers”, consider the needs and preferences of different travelers from different backgrounds and countries. For example, having a Facebook presence to market yourself to Indians and Indonesians (280 million and 130 million people on Facebook respectively). To attract Europeans for example, utilize the likes of Tripadvisor.
  4. Value-add through loyalty programs – Implement a rewards program that allows users to accumulate points/cashback rewards not just for purchases, but for high quality feedback/suggestions/social media participation. Users should also earn rewards for sharing experiences or introducing friends to use a company’s services. These loyalty programs should have a low barrier to entry so as to not exclude certain travelers.

This is just my opinion, but I do hope that some of them will be useful. After all, I think Vietnam is a special country that deserves to be seen by more and more people because of its beauty!

 

About the author

Long Vuong is a recent graduate of Vietnam National University and dreams of traveling every country in the world one day.

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