Singapore Tourism Board (STB) has announced that Singapore received 9, 96,000 visitor arrivals in August 2010, registering an 18 per cent growth, the highest number of arrivals recorded for the month of August. Last month's visitor arrivals can be partly attributed to the on-going draw of the two Integrated Resorts, 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 per cent in comparison with 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 per cent of total visitor arrivals for the month. Also 14 out of the 15 top markets (Indonesia; P R China; Malaysia; Australia; India; Japan; Hong Kong SAR; Philippines; UK; Thailand; USA; South; Korea; Vietnam; Taiwan; Germany) registered positive year-on-year growth in August this year. In August 2010, P R China (+50.9 per cent), Thailand (+47.8 per cent), and Vietnam (+34.0 per cent) registered highest growth out of the top 15 markets.
Gazetted hotel room revenue was estimated at SGD 172 million, representing an increase of 37.1 per cent compared to a year ago. Average Occupancy Rate (AOR) posted a 7.6 percentage point increase over August 2009 to reach 85 per cent in August 2010. Average Room Rate (ARR) increased by 24.7 per cent over August 2009 to reach an estimate of SGD 218 in August 2010. Revenue Per Available Room (RevPAR) increased by 36.9 per cent to reach SGD 186 in August 2010.
Hotel room revenue grew 37.1 per cent against August 2009 to reach an estimated SGD 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 per cent. The ARR of Mid-Tier hotels recorded the largest growth of 34.5 per cent against August 2009 to reach SGD 178 in August 2010. Hotels in the Economy Tier reported the largest growth (+53.8 per cent) in RevPAR in August 2010 to reach SGD 91.
Singapore receives 9, 96,000 visitor arrivals in August 2010: STB
Registers an 18 per cent growth, the highest number of arrivals recorded for the month of August.