TravelMole
Agent

More records fall in Singapore boom

Friday, 3 June 20113 min read

Singapore visitor arrivals continue to climb.

Arrivals reached 3.12 million in the first quarter 2011, representing a 15.7 percent year-on-year growth. All three months in Q1 2011 saw record high arrivals.

Visitor days were estimated at 11.7 million days, a growth of 12 percent in comparison with the same quarter last year.

Indonesia (577,000), P.R. China (412,000), Malaysia (256,000), Australia (222,000), and India (171,000) were Singapore’s top five international visitor-generating markets during the first quarter.

Gazetted hotel room revenue was estimated at S$478 million, representing an increase of 9.8 percent compared to the same quarter a year ago.

Average room rate stood at S$226 in first quarter 2011, a year-on-year increase of 13.9 percent.

Room rates for all hotel tiers rose, with the economy tier showing the highest increase of 24.2 percent.