SINGAPORE TOURISM SECTOR PERFORMANCE AS AT JUNE 2001

Singapore Visitor Arrivals in June 2001

¨ Visitor arrivals in June 2001 increased by 0.1% over the same month in 2000, to a total of 609,358 visitors. Overall, for the period of January to June this year, visitor arrivals increased 0.6% over the same period last year.

¨ Oceania continued to perform well, generating another month of double-digit growth (+11.2%) in arrivals. Other regions that generated increases in arrivals were Europe (+1.9%) and Asia (+0.5%). Arrivals from the Americas (-2.7%) and Africa (-17.8%) declined.

¨ The 12 largest visitor-generating markets were:

¨ The 3.7% increase in arrivals from Indonesia was supported by the rise in VFR traffic (+20.5%).

¨ The uncertain economic outlook coupled with the weak yen, fall in incentive travel and the trend towards inexpensive, nearby destinations, dampened visitor arrivals from Japan to Singapore.

¨ Double-digit increase in holiday and VFR arrivals from Malaysia could be attributed to positive movements in the exchange rates and interest in events happening in Singapore.

¨ Australia posted another month of double-digit growth in arrivals to Singapore. Much of this was attributable to the general increase in outbound travel to Asia and the availability of competitively priced packages in the market.

¨ Cautious consumer sentiments due to the weak stock market and Indian rupee caused arrivals from India to decline by 5.3%, while positive economic sentiments boosted arrivals from China (+3.8%).

¨ The slow economic growth coupled with the tightening of long haul travel expenditure affected visitor arrivals from the USA (-3.8%).

¨ Visitor arrivals from UK rose by 5.1% supported by consumer optimism and attractively priced airfares to Australasia.

¨ The strength of the Korean won and strong interest in MICE events happening in Singapore boosted visitor arrivals from South Korea. Holiday and MICE arrivals rose by 5.0% and 11.8% respectively.

¨ Double-digit increases in holiday and VFR arrivals helped to boost visitor arrivals from Hong Kong.

¨ The shift from long to short/medium haul travel due to the weak Thai baht combined with attractively priced airfares resulted in a 4.7% increase in arrivals from Thailand.

¨ The decrease in arrivals from Taiwan could be attributed to continued poor performance of the stock market and the economic outlook, which are both dampening consumer confidence. In addition, the national high school examination in June instead of the usual July period has contributed to less Taiwanese planning to travel in the month.

¨ Holiday arrivals from the top 12 markets decreased by 0.9%. Markets that posted strong increases included Hong Kong (+21.7%), Malaysia (+14.9%) and Australia (+12.4%). Other markets that performed well were UK (+9.6%), USA (+7.5%) and South Korea (+5.0%).

¨ Overall the business-related segment from the top 12 markets declined by 5.6%, with the exception of Australia (+6.6%) and China (+0.4%).

Visitor Arrivals in January - June 2001

¨ Visitor arrivals for the period of January to June 2001 rose by 0.6% over the same period in 2000, to a total of 3,744,327 visitors.

¨ The 12 largest visitor-generating markets were:

Hotel Sector Performance in June 2001

(Preliminary Data)



¨ Maximum room-nights: 907,170 (+3.3%); Available room-nights: 857,534 (+4.4%)

¨ Gross lettings: 677,718 (-3.0%); Paid lettings: 667,636 (-2.9%)

¨ Standard AOR: 79.0% (down 6.0 percentage points over June 2000)

¨ Standard ARR: $140.70 (+7.1%)

AOR = Average Occupancy Rate

ARR = Average Room Rate


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NOTE: Business-related segment includes Business, Business & Pleasure and MICE arrivals.