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  • Q4 2016 Tourism Sector Performance Report

    The tourism sector achieved record performance in 2016. Both international visitor arrivals (IVA) and tourism receipts (TR) exceeded forecasts to hit historical highs. IVA increased 8 per cent over the same period in 2015 to reach 16.4 million visitors while TR grew by 13 per cent to reach $24.6 billion. The strong growth in TR came on the back of higher visitor arrivals and changing profile​ of visitors who spent more on Shopping, Accommodation and Food & Beverage.

    In the fourth quarter of 2016 (Q4), IVA grew 3 per cent year-on-year to reach 4.0 million visitors. TR in Q4 2016 grew 14 per cent over the same period in 2015 to reach $6.1 billion.

    Gazetted hotel room revenue for 2016 was estimated at S$3.2 billion, a 1.8 per cent growth over the same period last year. In Q4 2016, gazetted hotel room revenue came in at an estimated S$0.8 billion, a decline of 2.0 per cent year-on-year.

    MOre information can be found here.

     STB Performance Report Q4 2016 cover_ST.jpg

  • Q3 2016 Tourism Sector Performance Report

    ​​The tourism sector continued to grow for January to September 2016. International Visitor Arrivals (IVA) increased 9 per cent over the same period in 2015 to reach 12.4 million visitors while Tourism Receipts (TR) grew by 13 per cent to reach $18.5 billion.

    The strong growth in YTD 3Q 2016 TR was on the back of higher expenditure in Shopping, Accommodation and Food & Beverage. This helped to offset the fall in Sightseeing, Entertainment & Gaming (SEG) that was due largely to a decline in gaming revenue as reported by the integrated resorts.

    Gazetted hotel room revenue was estimated at $2.5 billion for YTD 3Q 2016, a year-on-year growth of 5.4 per cent. Average Occupancy Rate (AOR) improved by 1.3 per cent year-on-year while Revenue per Available Room (RevPar) declined by 1.3 per cent year-on-year due to a lower Average Room Rate (ARR).

    In the third quarter of 2016 (Q3), IVA grew 4 per cent year-on-year to reach 4.2 million visitors. TR in Q3 2016 grew 14 per cent over the same period in 2015 to reach $6.9 billion. Gazetted hotel room revenue for Q3 2016 came in at an estimated S$0.9 billion, a 2.3 per cent year-on-year increase.​

  • Q2 2016 Tourism Sector Performance Report

    ​​STB has published Singapore's August 2016 visitor arrivals data and Quarter Two 2016 Tourism Sector Performance Report.

    From January to August 2016, Singapore received 11.3 million visitors, a healthy 10.3 per cent growth from the same period in 2015, and this was driven by good growth rates from some top source markets such as China, Indonesia and India.

    In the first half of 2016, tourism receipts grew by 12 per cent to reach $11.6 billion. The growth in TR was mostly volume-driven due to a strong growth of visitor arrivals of 13% from January to June 2016. Another main contributing factor to the TR growth was the increased spending on shopping, accommodation and food and beverage components. This helped to offset the fall in Sightseeing, Entertainment & Gaming (SEG) that was due largely to the decline in gaming revenue as reported by the integrated resorts.

    We observed that there has also been a shift in our visitors' profile and in their spending patterns for some of our top source markets. Increasingly, we are seeing more visitors with higher propensity to spend from major cities in markets such as India, Australia and Indonesia spending more on fashion accessories, wellness products, souvenirs, gifts and confectionery.

    In addition, more visitors are choosing to stay in paid accommodation, particularly in mid-tier hotels. In contrast, we are seeing less long-stayers who are typically hosted by their friends and relatives.

    These contributed to an estimated $1.6 billion for gazetted hotel room revenue in 1H 2016, a year-on-year growth of 3.2 per cent. However, despite the 0.7 percentage points increase in Average Occupancy Rate (AOR), the Revenue per Available Room (RevPar) declined by 2.4 per cent year-on-year due to a lower Average Room Rate (ARR).

    For more information, please refer to the report here​.

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  • Q1 2016 Tourism Sector Performance Report

    ​​STB has published Singapore's June 2016 visitor arrivals data and Quarter One 2016 Tourism Sector Performance Report.

    In June 2016, Singapore received 1.3 million visitors, a healthy 7.1% per cent increase from June 2015, and this was driven by good growth rates from some top source markets such as China and India.

    In the first quarter of 2016, tourism receipts grew by 2% to reach S$5.4 billion. Shopping, accommodation and Food & Beverage expenditures grew significantly, compensating the fall in Sightseeing (SEG) that was due largely to the decline in gaming revenue as reported by the integrated resorts.

    Gazetted hotel room revenue was estimated at $0.8 billion for Q1 2016, a growth of 4.6 per cent year-on-year. Even though the Average Occupancy Rate (AOR) increased, the Revenue per Available Room (RevPar) declined by 2.3% year-on-year due to a weakened Average Room Rate (ARR). ​

    For more information, please refer to the report attached here​.

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  • Quarterly Tourism Sector Performance Report Q4

    ​The tourism sector saw a mixed performance in 2015 due to global headwinds. International visitor arrivals (IVA) grew to 15.2 million (+0.9%), while tourism receipts (TR) fell to S$21.8 billion (-7.6%). The decline in TR was due mainly to lower BTMICE visitor arrivals and their reduced per capita expenditure. 

    In the fourth quarter of 2015, IVA grew 5 per cent to 3.9 million over the same period in 2014 while TR fell 6 percent year-on-year to S$5.4 billion. The decline in TR was mainly due to the decreased expenditure on Sightseeing, Entertainment & Gaming (-18%) and Accommodation (-7%).

    Gazetted hotel room revenue was estimated at $0.8 billion for Q4 2015, a growth of 3.4 per cent year-on-year. Revenue per Available Room (RevPAR) declined 5.1 percent year-on-year, due mainly to a weakened Average Room Rate (ARR).

    More information can be found here.

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​MARKET INSIGHTS

STB Market Insights Reports are special reports written to paint a fuller picture of visitors to Singapore by incorporating observations from STB's Primary Research as well as relevant secondary information. These reports are prepared on a one-off basis.

Each issue focuses on one country and includes observations from STB's Regional Offices and trade partners from that country.​


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