Singapore Visitor Arrivals in August 2010

Singapore visitor arrivals registered a growth of 18% in August 2010 to reach 996,000, the highest number of arrivals recorded for the month of August. This is also the ninth consecutive month of record visitor arrivals. [See: Singapore Visitor Arrivals in July 2010]

August's visitor arrivals can be partly attributed to the on-going draw of the two Integrated Resorts (Marina Bay Sands and Resorts World Sentosa), the hosting of the inaugural Youth Olympic Games, and the continuing strength of the Asian economy.

Visitor days were estimated at 4.2 million days, a year-on-year growth of 20.3% in comparison with Singapore's Visitor Arrivals in August 2009.

Indonesia (165,000), P.R. China (131,000), Malaysia (76,000), Australia (68,000) and India (57,000) were Singapore's top five visitor-generating markets in August 2010. These markets accounted for 50% of total visitor arrivals for the month.

14 out of the 15 top markets registered positive year-on-year growth in August this year. In August 2010, P.R. China (+50.9%), Thailand (+47.8%), and Vietnam (+34.0%) registered highest growth out of the top 15 markets.

Average Occupancy Rates posted a 7.6 percentage point increase over August 2009 to reach 85%.

Average Room Rate increased by 24.7% to reach an estimate of Sin$218 in August 2010.

Revenue Per Available Room increased by 36.9% to reach Sin$186 in August 2010.

Hotel room revenue grew 37.1% against August 2009 to reach an estimated Sin$172 million in August 2010.

In August 2010, the AOR of Economy Tier hotels reported the largest growth (+13.6 percentage points) against August 2009 to reach 85%.

The ARR of Mid-Tier hotels recorded the largest growth of 34.5% against August 2009 to reach Sin$178 in August 2010.

Hotels in the Economy Tier reported the largest growth (+53.8%) in RevPAR in August 2010 to reach Sin$91.

See also: Singapore Visitor Arrivals in July 2010, Singapore Visitor Arrivals in August 2009 and Singapore Visitor Arrivals in August 2008

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