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Visitor arrivals to Singapore registered 17.6%
growth to reach 908,000 in January 2010. Impressively, this is the
highest recorded visitor arrivals for the vibrant city-state in
the month of January. Visitor days were estimated at 3.6 million
days, a year-on-year growth of 8.7%, as compared to
January 2009.
Indonesia (173,000), China (99,000),
Australia (90,000), Malaysia (68,000), and India (57,000) were
Singapore’s top five visitor-generating markets in January 2010.
These markets accounted for 54% of total visitor arrivals for the
month. In January 2010, South Korea (+54.5%), Malaysia (+53.4%)
and Indonesia (+46.7%) registered their highest growth out of
the top 15 markets.
Average Occupancy Rate posted a
13.9 percentage point increase over January 2009 to reach 80.4%
in January 2010.
The Average Room Rate declined 9.5% over
January 2009 to reach an estimate of Sin $187 in January 2010.
RevPAR increased by 9.4% to reach
Sin$150 in January 2010, the first year-on-year growth in 16
months.
Hotel room revenue grew 8.5% against January 2009 to
reach an estimated Sin$137 million in January 2010.
In
January 2010, the AOR of mid-tier hotels recorded the largest growth
(+16.8 percentage points) against January 2009 to reach 86%.
The ARR of upscale hotel recorded the smallest decline of 4.8%
against January 2009 to reach $212 in January 2010.
Hotels
in the upscale tier reported the largest growth (+12.6%) in RevPAR
in January 2010 to reach $172.
See also:
Singapore Visitor Arrivals for December and Year 2009
and
January 2009
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January 2010,
Singapore
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