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         Singapore
        visitor arrivals in December 2002 achieved a growth rate of 5.8%, to a total of 709,143 visitors. 
         The 12 largest visitor-generating markets were: 
          
         
          
            
              | 
                 Total Arrivals: 709,143 (+5.8%)  | 
             
            
              |   | 
                | 
             
            
              | 1. Indonesia	197,067	(+7.6%) | 
             
            
              | 2. Japan	60,302	(+38.7%) | 
             
            
              | 3. P R China	58,672	(+22.0%) | 
             
            
              | 4. Malaysia	57,177	(+3.6%) | 
             
            
              | 5. UK	41,303	(+2.8%) | 
             
            
              | 6. Australia	38,268	(-7.1%) | 
             
            
              | 		7. India	30,992	(+13.0%) | 
             
            
              | 		8. USA	27,628	(-2.0%)  | 
             
            
              |  9. South Korea	24,579	(-10.3%)  | 
             
            
              | 		10. Thailand	21,783	(+8.0%) | 
             
            
              | 		11. Hong Kong 	19,924	(-9.9%) | 
             
            
              | 		12. Philippines	16,602	(+1.1%) | 
             
           
         
        Indonesia posted a 7.6% increase in arrivals due to the longer holiday season,
        which included Lebaran holidays. Holiday traffic registered a double-digit
        growth of 11.4%. 
         Aggressive promotion of the Singapore Visitor Kit in Southeast Asia
        continued to boost visitor arrivals from Thailand (+8.0%), Malaysia (+3.6%) and
        the Philippines (+1.1%). In addition, the extended holiday period this month
        contributed to an increase (+12.2%) in holiday arrivals from Thailand. 
         Visitor arrivals from Japan grew 38.7% over a low base last year. Holiday and
        business-related traffic showed strong increases of 55.4% and 10.5% respectively. 
         China's continued high growth (+22.0%) could be attributed to the intensive
        promotions for group travel, which led to a significant increase in group-packaged tours (+25.5%). Holiday traffic rose by 29.2%. 
         Security concerns towards travel especially after the Bali attacks led to a 9.7%
        drop in holiday arrivals from Australia. Overall visitor arrivals from the market
        fell by 7.1%. 
         Visitor arrivals from India grew 13.0%, largely contributed by the increase in
        holiday traffic (+17.5%) and group-package tours (+66.9%). 
         USA visitor arrivals declined marginally by 2.0%, due by the drop in holiday
        traffic (-3.4%) and group-package tours (-44.9%). 
         Weak economic outlook continued to dampen visitor arrivals from Hong Kong
        (-9.9%). Holiday and business-related traffic fell 12.4% and 0.5% respectively. 
         Overall, holiday arrivals from the top 12 markets grew strongly by 11.7%.
        Growth was registered from Japan (+55.4%), China (+29.2%), India (+17.5%),
        Thailand (+12.2%), and Indonesia (+11.4%). On the other hand, holiday arrivals
        from Hong Kong and Australia declined by 12.4% and 9.7% respectively. 
         Business-related
        (Business-related segment includes Business, Business & Pleasure and MICE arrivals.) traffic registered a positive growth of 9.2% in arrivals,
        largely contributed by the strong performances from China (+22.6%), Indonesia (+19.4%), South Korea (+14.3%), India (+11.5%) and Japan (+10.5%).
        Decreases were recorded from UK (-3.2%) and Hong Kong (-0.5%). 
         Hotel Sector Performance in December 2002 
         Maximum room-nights: 946,368 (+1.0%); Available room-nights: 857,723
        (-0.7%) 
         Gross lettings: 635,701 (+4.6%); Paid lettings: 623,385 (+4.6%) 
         Standard AOR: 74.1% (up 3.7 percentage points over December 2001) 
         Standard
        ARR: $121.2 (-1.5%) 
         Revpar: $89.8 (+3.7%) 
         Visitor Arrivals in January - December 2002 
         For 2002, visitor arrivals grew 0.6% to reach 7,566,237, the second highest
        record in the history of Singapore's tourism. China rose from the 5th to 3rd
        position, overtaking Malaysia and Australia while India rose from the 9th to 7th
        position, overtaking USA and South Korea. 
         The 12 largest visitor-generating markets were: 
          
         
          
            
              | Total Arrivals: 7,566,237 (+0.6%) | 
             
            
              |   | 
             
            
              | 1. Indonesia	1,392,860	(+2.1%) | 
             
            
              | 2. Japan	723,350	(-4.3%) | 
             
            
              | 3. P R China	670,070	(+34.7%) | 
             
            
              | 4. Malaysia	548,510	(-5.2%) | 
             
            
              | 5. Australia	538,354	(-2.2%) | 
             
            
              | 6. UK	458,466	(-0.3%) | 
             
            
              | 		7.   India	375,634	(+10.5%) | 
             
            
              | 		8.   South Korea	371,024	(+3.3%) | 
             
            
              | 		9.   USA	327,618	(-4.7%) | 
             
            
              | 		10. Hong Kong	265,947	(-3.7%) | 
             
            
              | 		11. Thailand	263,753	(+1.1%) | 
             
            
              | 		12. Taiwan	209,301	(-5.8%) | 
             
           
         
        Indonesia posted a 2.1% growth in arrivals, supported by the strong increases
        in the last quarter (+5.3%). Holiday and business-related arrivals rose by 5.2%
        and 3.4% respectively. Group-packaged tours grew strongly by 36.5%. 
         The continuing weakening of the Japanese economy contributed to the 4.3%
        decline in visitor arrivals. First time visitors and group-packaged visitors
        dropped 5.7% and 6.5% respectively. 
         Aggressive promotions as well as a significant increase in air services
        between Singapore and China led to a strong growth in holiday (+42.0%) and
        group-packaged visitors (+39.4%) from China, contributing to the overall
        double-digit growth of 34.7% in arrivals. 
         The availability of cheaper domestic travel especially with the introduction of
        budget airline Air Asia and the weaker Ringgit (since April 2002) contributed to
        a 5.2% decline in visitor arrivals from Malaysia. Holiday and business-related
        traffic fell 11.5% and 7.4% respectively. 
         Cautious consumer sentiments due to security concerns over international
        travel resulted in a decline in holiday arrivals (-5.8%) from Australia. Overall
        arrivals from the market fell 2.2%. 
         The decline in visitor arrivals from long-haul markets like UK (-0.3%) and USA
        (-4.7%) could be attributed to the switch in preference towards more domestic
        and short-haul travel. Holiday traffic from UK registered a marginal growth of
        0.8% while holiday arrivals from USA declined 12.5%. 
         India's healthy performance (+10.5%) could be contributed to the visa
        restrictions by UK and US for first time Indian visitors, which have diverted
        Indian visitors to the Far East. Holiday arrivals grew 24.6% while first time
        visitors rose 19.1%. 
         Visitor arrivals from South Korea registered a 3.3% growth, largely due to the
        increase in holiday traffic (+3.2%) and first time visitors (+5.5%). 
         Holiday arrivals from the top 12 markets registered a positive growth of 3.8%.
        Markets that grew were China (+42.0%), India (+24.6%), Indonesia (+5.2%),
        Thailand (+3.9%) and South Korea (+3.2%). Conversely, the USA (-12.5%), Malaysia (-11.5%), Japan (-6.2%) and Australia (-5.8%) posted declines in this
        segment. 
         Business-related traffic fell marginally by 1.0%, caused primarily by the drop in
        business-related traffic from Hong Kong (-10.3%), Taiwan (-7.8%), Malaysia
        (-7.4%), and UK (-5.1%). Markets that registered growth were China (+16.1%),
        South Korea (+7.4%) and Indonesia (+3.4%). 
         Hotel Sector Performance in January - December 2002 
         Maximum room-nights: 11,179,632 (+0.8%); Available room-nights: 10,423,522
        (+0.4%) 
         Gross lettings: 7,762,207 (-2.0%); Paid lettings: 7,636,393 (-2.1%) 
         Standard AOR: 74.5% (down 1.8 percentage points over January - December
        2001) 
         Standard ARR: $126.3 (-5.3%) 
         Revpar: $94.0 (-7.6%) 
         ==== 
         
        AOR = Average Occupancy Rate  
        ARR = Average Room Rate 
        Revpar = AOR X ARR 
        Figures for the Hotel Sector Performance is updated as at 15th January 2003.   |