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Singapore’s 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.

 

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For media queries, please contact:

 

Ms Andrea Low

Manager, Communications

Singapore Tourism Board

DID: +65 6831 3569

Email: Andrea_Low@stb.gov.sg

 

Or call the STB Media Hotline at +65 9011 2071