Half Year/Quarter Two 2017 Tourism Sector Performance Report
STB has published
Singapore’s Half Year/Quarter Two 2017 Tourism Sector Performance Report.
The tourism sector
continued to grow in the first half of 2017. From January to June 2017,
International Visitor Arrivals (IVA) increased 4 per cent over the same period
last year to reach 8.5 million visitors. Tourism Receipts (TR) also grew 10 per
cent to reach $12.7 billion.
The strong growth in
1H 2017 TR was due to the higher expenditure across all major components
including Shopping, Accommodation, Food & Beverage, and Sightseeing,
Entertainment & Gaming (SEG).
Gazetted hotel room
revenue was estimated at $1.6 billion for 1H 2017, a year-on-year decline of
1.6 per cent. Growth in AOR offset weaker ARR performance, resulting in a 0.2
per cent growth in RevPAR.
For more information,
please click here.
For media queries, please contact:
Ms Andrea Low
Singapore Tourism Board
DID: +65 6831 3569
Or call the STB Media Hotline at +65 9011 2071