Singapore Visitor Arrivals in February 2010

Visitor arrivals to Singapore registered 24.2% growth to reach 857,000 in February 2010. This is the highest recorded visitor arrivals in the month of February. Visitor days were estimated at 3.3 million days, a year-on-year growth of 16.3% in comparison with February 2009.

Indonesia (144,000), P.R. China (143,000), Malaysia (69,000), Australia (55,000), and UK (48,000) were Singapore’s top five visitor-generating markets in February 2010. These markets accounted for 53% of total visitor arrivals for the month.

In February 2010, P.R. China (+78.7%), Malaysia (+50%) and Taiwan (+39.2%) registered their highest growth out of the top 15 markets, which can be largely attributed to the Chinese New Year holiday. 13 out of the top 15 markets also registered positive year-on-year growth in February this year, reflecting the general improvement in travel sentiment to Singapore.

Gazetted hotel room revenue was estimated at Sin$133 million, representing an increase of 5.8% compared to a year ago. Average Occupancy Rate posted a 4.9 percentage point increase over February 2009 to reach 79.7% in February 2010.

Average Room Rate declined 1.5% over February 2009 to reach an estimate of Sin$201 in February 2010.

Revenue Per Available Room increased by 4.9% to reach Sin$160 in February 2010.

 Hotel room revenue grew 5.8% against February 2009 to reach an estimated Sin$133 million.

In February 2010, the AOR of Economy-tier reported the largest growth (+8.4 percentage points) against February 2009 to reach 74%.

The ARR of the luxury tier recorded the largest growth against February 2009 (+4.6%) to reach $347 in February 2010.

Hotels in the luxury tier reported the largest growth in RevPAR (+9.5%) in February 2010 to reach $261.

See also: Singapore Visitor Arrivals in February 2009 and Singapore Visitor Arrivals in January 2010.

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