Singapore Visitor Arrivals for March 2008

In March 2008, Singapore welcomed 908,000 visitors, representing a growth of 5.7% compared to the same month a year ago. This sets a new record for visitor arrivals for the month of March. Visitor days were estimated to reach 3.4 million days, an increase of 14.1% in comparison to March 2007.

Indonesia (155,000), P. R. China (98,000), Australia (62,000), UK (61,000) and India (58,000) were Singapore’s top five visitor-generating markets. These markets accounted for 48% of total visitor arrivals for the month.

Singapore gazetted hotels were estimated to reach Sin$189m in room revenue, representing a growth of 16.8% versus March 2007.

The Average Room Rate (ARR) in March 2008 was estimated at Sin$238, representing a growth of 23.8% over March 2007. The Average Occupancy Rate (AOR) for hotels was estimated to reach 87% in March 2008, posting a 4 percentage point decrease over March 2007.

See also Singapore Visitor Arrivals for February 2008 and other recent news regarding: Travel News Asia, Visitor Arrivals, Singapore Visitor Arrivals