Singapore Visitor Arrivals Up By 16.2% For January 2011
International visitor arrivals to Singapore registered 16.2% growth to reach 1,055,000 in January 2011.
This is the highest ever recorded figure for the month of January.
Gazetted hotel room revenue was estimated at S$176 million in January 2011, up by 25.8% against January 2010.
International visitor arrivals (IVA) to Singapore registered 16.2% growth to reach 1,055,000 in January 2011. This is the highest ever recorded IVA for the month of January.
Gazetted hotel room revenue was estimated at S$176 million in January 2011, up by 25.8% against January 2010.
INTERNATIONAL VISITOR ARRIVALS
International visitor arrivals to Singapore grew by 16.2% year-on-year in January 2011 to reach 1,055,000 visitors
International visitor arrivals (IVA) to Singapore registered 16.2% growth to reach 1,055,000 in January 2011.
This is the highest ever recorded IVA for the month of January. Visitor days1 were estimated at 4.1 million days, a year-on-year growth of 13.3%.
Indonesia (208,000), P R China (132,000), Australia (98,000), Malaysia (78,000), and India (63,000) were Singapore’s top five visitor-generating markets in January 2011.
These markets accounted for 55% of total IVA for the month.
In January 2011, Hong Kong SAR (+51.0%), Thailand (+34.9%), and P R China (+33.4%) registered highest growth out of the top 15 markets.
OVERALL GAZETTED HOTEL INDUSTRY PERFORMANCE
Gazetted hotel room revenue was estimated at S$176 million, an increase of 25.8% compared to a year ago.
Average Occupancy Rate (AOR2) posted a 1.0 percentage point increase over January 2010 to reach 82% in January 2011.
Average Room Rate (ARR3) increased by 18.3% over January 2010 to reach an estimate of S$224 in January 2011.
Revenue Per Available Room (RevPAR4) increased by 19.8% to reach S$183 in January 2011.
The hotel tiering system is a reference system developed by the Singapore Tourism Board (STB) to categorise the different hotels in Singapore into tiers based on a combination of factors that include average room rates, location and product characteristics.
Figures for the hotel industry are preliminary estimates, based on returns as at 13 October 2011.
The current hotel tiers published are based on the hotels’ performance in 2010. The response rate across the tiers may vary.
Luxury - Includes hotels in the luxury segment and are predominantly in prime locations and/or in historical buildings
Upscale - Includes hotels in the upscale segment and are generally in prime locations or hotels with boutique positioning in prime or distinctive locations
Mid-Tier - Includes hotels in the mid-tier segment and are primarily located in prime commercial zones or immediately outlying areas
Economy - Includes hotels in the budget segment and are generally located in outlying areas
Topics: 2011, ARR, Asian economy, Australia, Australians, Average Occupancy Rate, business, China, economic development, economic growth, economic recovery, Economy, employment, Governance, government, hotel room revenue, hotels, India, integrated resorts, investment, January, jobs, Malaysia, Malaysians, markets, moniter, monitor, news, Singapore, society, South Korea, Thailand, tourism, tourism sector performance, tourists, travel, visitor, visitor arrivals, visitor days, visitors
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