Singapore Visitor Arrivals for October 2007

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: Travel News Asia, Hotels, Singapore, Visitor Arrivals