Singapore visitor arrivals registered a growth
of 18%
in August 2010 to reach 996,000, the highest number of arrivals
recorded for the month of August. This is also the ninth
consecutive month of record visitor arrivals. [See:
Singapore Visitor Arrivals in July 2010]
August's visitor
arrivals can be partly attributed to the on-going draw of the two
Integrated Resorts (Marina Bay Sands and Resorts World Sentosa),
the hosting of the inaugural Youth Olympic Games, and the
continuing strength of the Asian economy.
Visitor days were
estimated at 4.2 million days, a year-on-year growth of 20.3% in
comparison with
Singapore's Visitor Arrivals in August 2009.
Indonesia (165,000), P.R. China
(131,000), Malaysia (76,000), Australia (68,000) and India
(57,000) were Singapore's top five visitor-generating markets in
August 2010. These markets accounted for 50% of total visitor
arrivals for the month.
14 out of the 15 top markets registered
positive year-on-year growth in August this year. In August
2010, P.R. China (+50.9%), Thailand (+47.8%), and Vietnam (+34.0%)
registered highest growth out of the top 15 markets.
Average Occupancy Rates posted a 7.6 percentage point
increase over August 2009 to reach 85%.
Average Room Rate increased by 24.7%
to reach an estimate of Sin$218 in August 2010.
Revenue
Per Available Room increased by 36.9% to reach Sin$186 in
August 2010.
Hotel room revenue grew 37.1% against August 2009
to reach an estimated Sin$172 million in August 2010.
In
August 2010, the AOR of Economy Tier hotels reported the largest
growth (+13.6 percentage points) against August 2009 to reach
85%.
The ARR of Mid-Tier hotels recorded the largest growth
of 34.5% against August 2009 to reach Sin$178 in August 2010.
Hotels in the Economy Tier reported the largest growth
(+53.8%) in RevPAR in August 2010 to reach Sin$91.
See also:
Singapore Visitor Arrivals in July 2010,
Singapore Visitor Arrivals in August 2009 and
Singapore Visitor Arrivals in August 2008
See other recent news regarding:
Airlines,
Airports,
Awards,
Flights,
Codeshare,
Lounges,
First Class,
Business Class,
MICE,
GDS,
Rewards,
Miles,
Hotels,
Apartments,
Promotions,
Spas,
Yoga,
Retreat,
New Hotels,
Traffic,
Visitor Arrivals,
Cruises,
Free Deals,
Videos,
Singapore Visitor Arrivals,
Visitor Arrivals in August 2010,
Singapore,
August 2010
|