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In October 2007, Singapore welcomed 911,000 visitors, representing
a growth of 6.2% compared to October 2006. This sets a new record
for the month of October. Visitor days were estimated to reach 3.3 million days, an increase of 14.5% in comparison to October
2006.
Indonesia (215,000), P.R. China (84,000), Australia (75,000), India
(60,000) and Malaysia (58,000) were Singapore’s top five visitor-generating
markets. These markets accounted for 54% of total visitor arrivals for the month.
Surpassing the previous high in October 2006, visitor arrivals
from Indonesia achieved a new record of 215,000 visitors in October 2007. This
record can be attributed to the Hari Raya holidays which contributed to a surge in visitor arrivals from 10th to 19th
October.
Singapore gazetted hotels were estimated to generate
Sin$178.4
million in room revenue, representing an increase of 37.1% over
October 2006. This sets an all-time record for Hotel Room Revenue.
The Average Room Rate (ARR) in October 2007 was estimated at
Sin$219, representing an increase of 33.9% over October 2006 and setting aanother
new record for ARR in any given month. The Average Occupancy Rate (AOR)
for hotels was estimated to have reached 89% in October 2007, posting a 1.8 percentage point increase over October 2006.
See
also: Singapore
Visitor Arrivals for September 2007 and other recent news regarding:
Airlines,
Aviation,
Hotels,
Singapore,
Visitor
Arrivals
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