Singapore Visitor Arrivals for August 2006

In August 2006, Singapore welcomed 870,000 visitors, registering a 7.2% growth over the same period a year ago. This is a record high for August. Visitor days were estimated to reach 2.9 million, an increase of 4.8% in comparison to August 2005.

Indonesia (164,000), P.R. China (103,000), Japan (63,000) Australia (55,000), and Malaysia (51,000) were Singapore’s top five visitor-generating markets in August 2006. These markets accounted for 50% of total visitor arrivals for the month.

Visitor arrivals from Indonesia showed a growth of 22% in August 2006 compared to August 2006 – this is the strongest monthly growth to date in 2006. The good growth can be attributed to higher spending power due to the recovery of the Rupiah against the Singapore dollar since July; two public holidays in August; and marketing promotions in Indonesia.

In August 2006, Singapore gazetted hotels recorded Sin$121.4 million in room revenue, an increase of 22.2% over August 2005.

The Average Room Rate (ARR) in August 2006 was estimated at Sin$152, an increase of 14.9% over August 2005. The Average Occupancy Rate (AOR) for hotels was estimated to have reached 87% in August 2006, a 1.9 percentage point increase over August 2005.

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