Singapore has a vibrant, highly dynamic and competitive Hotel, Restaurant and Institutional (HRI) sector. Strong demand by business travelers and a rising number of tourists drive the HRI sector offering opportunities for U.S. exporters. This sector serviced some 5.5 million residents and 16.4 million tourists and business visitors in 2016. Tourist receipts totaled $18.2 billion, of which $2.06 billion were for food and beverage. Leading HRI prospects include U.S. seafood, prime beef cuts, dairy and specialty fruits and wines.