Cruise Development Fund (CDF) for Travel Agents
The Cruise Development Fund is a scheme designed to support the following parties in their activities that will build strong consumer demand for cruises from Singapore.
- Cruise lines
- Travel agents
- Charterers
- Trainers
For more information on CDF,
click hereThe more relevant CDF support for the purpose of this Module is to Travel Agents. This scheme provides co-investment support of Travel Agents’ expenses incurred in deploying and marketing cruise packages with pre/post stays in Singapore.
What are the expenses items that will be supported?
The scheme supports up to 50% of the following qualifying cost items:
•
Consumer and trade marketing This includes advertising, production of marketing collateral, organising travel fair, organising seminar and familiarisation trip
•
Pre/post-cruise land experiences in Singapore to be packaged together with the cruise itinerary
This includes attraction tickets, land tours, meals
•
Organise themed cruise programs This includes hiring a celebrity/professional performer/event organizer/special theme party set up as an additional program on board the cruise
•
Cost items that will not qualify include Hotel Accommodation and Land Transport
What is the criteria?
• Minimum 2-night hotel stay in Singapore before &/or after sailing
• Can combine 1-night pre sailing with 1-night post sailing
What does the Travel Agent need to do?
The Travel Agent has to submit its proposal to STB detailing the following:
• Type of Singapore experiences to be packaged and the relevant costs
• Marketing activities that it will undertake and the relevant costs
• Any other program enhancement to the cruise experience that it plans to organise
• Target number of incremental sales
• Submit a CDF application after consulting with STB Cruise Specialists
Payment terms• Payment of STB’s share of up to 50% support to the approved proposal will be made on a reimbursement basis to the Travel Agent
• Third party invoices of all the expenses incurred must be submitted for proof of expenditure
Please contact the following Cruise Specialists in our STB offices for any clarifications:
Mumbai Office : Mr. Lee Jian Xuan - LEE_Jian_xuan@stb.gov.sg
New Delhi Office : Ms. Dhriti Kapur - Dhriti_KAPUR@stb.gov.sg
Published date Oct 2020. All info is accurate as at time of publication.