In the first half of 2018, International Visitor Arrivals (IVA) increased 7.7 per cent over the same period last year to reach 9.2 million visitors.
Tourism Receipts (TR) reached $13.4 billion, a flat performance compared to the same period last year. This was due to lower expenditure across some components including Shopping, Food & Beverage and Accommodation.
Gazetted hotel room revenue was estimated at $1.9 billion for 1H 2018, a year-on-year growth of 8.5 per cent. Average Occupancy Rate (AOR) increased by 1.2 percentage points to 85 per cent as Average Room Rate (ARR) grew 1.9 per cent to S$217, resulting in a 3.3 per cent increase in RevPAR to reach S$186.
In the second quarter of 2018 (Q2), IVA grew 8.0 per cent year-on-year to reach 4.6 million visitors. TR in Q2 2018 declined 1.7 per cent over the same period last year to reach $6.6 billion. Gazetted hotel room revenue for Q2 2018 came in at an estimated S$1.0 billion, a 9.4 per cent year-on-year increase.