Visitor arrivals to Singapore reached 790,000 in March 2009, registering a decline of 13.2% compared to
Singapore's visitor arrivals in March 2008. Visitor days were estimated at 3 million days, a decrease of 11% in
comparison with March 2008.
Indonesia (128,000), P.R. China
(91,000), Malaysia (60,000), Australia (55,000), and UK (53,000) were Singapore’s top five visitor-generating markets. These markets
accounted for 49% of total visitor arrivals for the month.
Among the top 15 markets, Malaysia (+5.6%), Germany
(+4.7%) and Vietnam (+1.9%) registered growth. This can be attributed
to the occurrence of school holidays in Malaysia, and ongoing
promotions in Germany and Vietnam.
Visitor arrivals in 12 out of the top
15 markets decreased compared to the same month last
year, a reflection of the impact of the current global
economic slowdown on consumer sentiments and
discretionary spending. Korea led the decline recording
a mammoth 48% drop in arrivals. Hong Kong came in second
place with a 21% drop. Arrivals from the UK fell 14%.
Singapore gazetted hotels were estimated to generate Sin$125 million in
room revenue, representing a decrease of 33.3% versus March 2008.
The Average Occupancy Rate (AOR)
was 74% for March 2009, a 13.1 percentage point decrease
over March 2008.
The Average Room Rate (ARR) was estimated
Sin$196, representing a decrease of 18.5% over March 2008.
Available Room (RevPAR) decreased by 30.9% to reach Sin$145 in March
Hotel room revenue was estimated to reach Sin$125 million in March
2009, a drop of 33.3% against March 2008.
In March 2009, hotels in the
Mid-Tier achieved the highest AOR (77%), and the least decline
(-11.3%) in AOR.
Hotels in the Economy Tier recorded
the smallest decrease (-5.3%) in ARR. Hotels in the Economy Tier
also saw the least decline in RevPAR
(-24.4%) in March 2009, compared to March 2008.
Singapore Visitor Arrivals for February 2009
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