Driven by growth in sightseeing, entertainment and gaming and accommodation, the Tourism Receipts in Singapore were estimated to reach 6 billion Singapore Dollars ( 4.83 billion U.S. Dollars) in the first quarter of 2014, up 5 percent year-on-year, according to the Singapore Tourism Board on Monday.

Sightseeing and entertainment and gaming recorded the largest year-on-year increase at 19 percent as both integrated resorts reported increases in their overall gaming revenues. China, Indonesia and India were the top three markets, which made up 39 percent of Tourism Receipts.

Among the 3.9 million international visitor arrivals (IVA), visitors from China declined by 14 percent due to the continuing impact of the tourism law introduced on Oct. 1, 2013. Excluding Chinese visitors, IVA grew 2.8 percent year-on-year, with a strong growth in Indonesia (6 percent), South Korea (17 percent) and Vietnam (13 percent).

Gazetted hotel room revenue showed a strong 12 percent growth to hit 0.8 billion Singapore dollars (0.64 billion U.S. Dollars) in the first quarter this year, with the average occupancy rate stood at 86 percent, a marginal 0.4 percentage points decline year- on-year.