Singapore Visitor Arrivals in February 2002
¨ Visitor arrivals in February 2002 grew by 0.8% over the same month in 2001, to a total of 597,415 visitors.
¨ The shift in the Chinese New Year holiday period from January to February resulted in the marginal increase in February's arrival figures. The main contributions were from Asia, which generated 4.9% increase in arrivals to Singapore.
The 12 largest visitor-generating markets were:
Total Arrivals: 597,415 (+0.8%)
1. Indonesia 90,074 (-4.4%) 7.
South Korea 30,718 (-6.3%)
2. PR China 81,606 (+125.7%) 8. USA 27,878 (-11.2%)
3. Japan 49,350 (-31.8%) 9.
Hong Kong 26,716 (+44.9%)
4. UK 44,717 (+1.1%) 10.
India 21,401 (-10.7%)
5. Malaysia 43,444 (+6.6%) 11.
Taiwan 21,307 (+6.1%)
6. Australia 34,714 (-4.3%) 12.
Thailand 17,461 (-3.2%)
¨ Indonesian arrivals dropped 4.4% over the same month in 2001, with business-related and holiday traffic down by 14.8% and 3.5% respectively.
¨ The weeklong Chinese New Year holidays in February this year boosted China's outbound market. Holiday traffic rose by 158.5%.
¨ The shift in the Chinese New Year holidays also boosted visitor arrivals from Hong Kong, Malaysia and Taiwan. Holiday arrivals from Hong Kong and Malaysia rose by 156.0% and 30.6% respectively while holiday arrivals from Taiwan rose by 15.4%.
¨ USA continued another month of double-digit decline in arrivals to Singapore (-11.2%). Much of this was attributed to cautious consumer sentiments and the market's resistance to international travel.
¨ The decline in visitor arrivals from India was largely due to the weak performance of the business-related segment (-18.3%).
¨ Holiday arrivals from the top 12 markets grew by 11.8%. The shift in the Chinese New Year holiday encouraged outbound holiday travel from markets such as China (158.5%), Hong Kong (+156.0%), Malaysia (+30.6%), Taiwan (+15.4%), Thailand (+13.5%), India (+3.5%) and UK (+2.2%).
¨ Overall, business-related1 traffic from the top 12 markets fell by 22.5%. With the exception of China (+2.6%), all major markets registered declines in this segment. Business-related travel from Taiwan (-36.9%), Hong Kong (-35.1%), Malaysia (-33.3%) and Japan (-29.5%) and Thailand (-21.4%) posted significant decreases.
Business-related segment includes Business, Business & Pleasure and MICE arrivals.
Visitor Arrivals in January - February 2002
¨ Visitor arrivals in January - February dropped by 4.5% over the same period in 2001, to a total of 1,194,067.
¨ The 12 largest visitor-generating markets were:
Total Arrivals: 1,194,067 (-4.5%)
1. Indonesia 195,077 (-7.1%) 7.
South Korea 69,330 (+5.8%)
2. PR China 131,907 (+42.4%) 8. USA
56,783 (-12.2%)
3. Japan 96,792 (-29.7%) 9.
India 46,237 (-3.0%)
4. UK 89,414 (-0.1%) 10.
Hong Kong 43,346 (-6.2%)
5. Malaysia 83,646 (-3.1%) 11.
Taiwan 40,301 (-0.5%)
6. Australia 82,260 (-5.1%) 12.
Thailand 36,088 (+2.0%)
Hotel Sector Performance in February 2002 (Preliminary Data)
¨ Maximum room-nights: 857,276 (+0.9%); Available room-nights: 803,775 (-0.7%)
¨ Gross lettings: 595,007 (-12.0%); Paid lettings: 585,602 (-12.2%)
¨ Standard AOR: 74.0% (down 9.6 percentage points over February 2001)
¨ Standard ARR: $133.11 (-2.4%)
AOR = Average Occupancy Rate
ARR = Average Room Rate
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