Singapore tourism grows in October

In October of this year Singapore welcomed over 850,000 visitors, this represents a 15 percent growth over the same period a year ago.
This monthly fact sheet provides a summary of the key statistics on total visitor arrivals and information on the performance of Singapore’s top-15 visitor-generating markets.

All comparisons made in this fact sheet are year-on-year comparisons with 2005.

KEY INFORMATION

* In October 2006, Singapore welcomed 857,000 visitors, registering a 15.0% growth over the same period a year ago. This is a record high for October. Visitor days were estimated to reach 2.9 million, an increase of 15.4% in comparison to October 2005.

* The positive performance for October 2006 was fuelled by the strong growth registered by Indonesia (+48.4%), which achieved its highest ever visitor arrivals in a single month. This surge in visitor arrivals from Indonesia was largely due to the Hari Raya holiday period in the later half of the month. Visitor arrivals from Indonesia in October 2006 also broke the last record set in December 2002, when 197,000 visitor arrivals from Indonesia were recorded.

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* Indonesia (210,000), P R China (71,000), Malaysia (61,000), Australia (61,000) and India (58,000) were Singapore’s top five visitor-generating markets in October 2006. These markets accounted for 54% of total visitor arrivals for the month. The UK was Singapore’s seventh top visitor-generating market.

* In October 2006, Singapore gazetted hotels recorded S$133.9 million in room revenue, an increase of 17.9% over October 2005.

* The Average Room Rate (ARR) in October 2006 was estimated at S$166, an increase of 11.8% over October 2005. The Average Occupancy Rate (AOR) for hotels was estimated to have reached 88% in October 2006, a 3.4 percentage point increase over October 2005.

The fact sheet is also available at the STB website, within the Key Statistical Information section at http://app.stb.com.sg/asp/tou/tou02.asp

FACT SHEET: TOURISM PERFORMANCE FOR OCTOBER 2006

VISITOR ARRIVALS

Record arrivals from Indonesia drove 15% growth in visitor arrivals to 857,000 in October

Singapore welcomed 857,000 visitors in October 2006, registering a 15.0% growth over the same period a year ago. This is a record high for October. Visitor days[1] were estimated to reach 2.9 million, an increase of 15.4% in comparison to October 2005.

COUNTRY PERFORMANCE

Indonesia, P R China, Malaysia, Australia and India were Singapore’s top five visitor-generating markets

In October 2006, Indonesia (210,000), P R China (71,000), Malaysia (61,000), Australia (61,000) and India (58,000) were Singapore’s top five visitor-generating markets. These markets accounted for 54% of total visitor arrivals for the month.

Visitor arrivals from Indonesia hit a record high, passing the 200,000 mark for the first time. The last record was set in December 2002 when 197,000 Indonesians arrived.

The top five markets with the highest growth in October 2006 were Indonesia (+48.4%), Malaysia (+33.0%), Vietnam (+28.7%), South Korea (+16.5%) and Australia (+15.1%).

Strong growth in visitor arrivals in October 2006 from Indonesia and Malaysia compared to October 2005 can be attributed to the Hari Raya holidays which contributed to a surge in arrivals from 20 to 29 October.

Joint marketing promotions with travel agencies in Vietnam helped boost off-peak arrivals from Vietnam. Thanksgiving holidays in South Korea in the first week of October contributed to high growth in arrivals from South Korea. School holidays in Australia in the first two weeks of October contributed to high growth in arrivals from Australia.

GAZETTED HOTEL INDUSTRY PERFORMANCE[2]

Gazetted hotel room revenue was estimated to reach S$133.9 million, an increase of 17.9% over October 2005

Average Room Rate (ARR) for October 2006 was estimated to reach S$166, an increase of 11.8% over October 2005. Average Occupancy Rate (AOR) reached 88%, registering a 3.4 percentage point increase over October 2005.

Hotel room revenue for October 2006 was estimated to reach S$133.9m, an increase of 17.9 % over October 2005.
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