Tourism Industry Conference 2024: Presentation by STB Chief Executive, Ms Melissa Ow
COMMENTS
Tourism and hotel industry in Singapore
Find the most relevant and recent facts about tourism and the hotel industry in Singapore. ... Standard average room rate in Singapore from 2014 to 2023 (in Singapore dollars)
Stan
Singapore Tourism Analytics Network (Stan) View visualisations and/or download data files on Singapore tourism statistics: Monthly Visitor Arrivals, Monthly Hotel Statistics, Annual Tourism Receipts and Annual Cruise Statistics.
DOS
Statistics on the tourism sector and hotel industry are compiled by the Singapore Tourism Board. Data are preliminary when first released. 1 Refers to % change in latest period over the same period in the previous year. 2 Refers to % change in the previous period over the same period in the previous year. 3 Data under the column for '% change ...
Singapore's tourism sector posts strong recovery in 2023, exceeds
Tourism receipts estimated to reach $24.5-26.0 billion, visitor arrivals reached 13.6 million, in line with international tourism recovery. Singapore, 1 February 2024 - Singapore's tourism sector recovered strongly and demonstrated resilience with a solid performance for 2023.International visitor arrivals (IVA) reached 13.6 million in 2023 (~71 per cent of 2019 IVA), meeting STB's ...
Singapore's tourism sector recovers strongly in 2022, visitor numbers
From April to December 2022[5], the Average Occupancy Rate (AOR) was 79.1 per cent, compared to 87.3 per cent recorded in the same period in 2019. Average room rates during this period increased by 17 per cent to $260, while Revenue per Available Room (RevPAR) increased by 6.2 per cent to $206. ... The Singapore Tourism Board (STB) is the lead ...
Singapore visitor arrivals up 115% to 13.6 million in 2023
The number in 2023 met Singapore Tourism Board's (STB) forecast of between 12 million and 14 million visitors. ... Average room rate reached S$282, which is about 128 per cent of the rate in 2019 ...
Singapore visitor arrivals up 115% to 13.6 million in 2023
The number in 2023 met Singapore Tourism Board's (STB) forecast of between 12 million and 14 million visitors. ... Average room rate reached S$282, which is about 128 per cent of the rate in 2019 ...
Stan
Singapore Tourism Analytics Network (Stan) Stan is a data analytics platform to view visualisations and perform analysis on tourism-related data, aggregated from STB and the industry, to derive actionable insights about Singapore's visitors.
PDF Tourism Sector Performance
2020TOURISM SECTOR PERFORMANCE HOTEL INDUSTRY +65 6736 6622 +65 6736 9423 stb.gov.sg Tourism Court 1 Orchard Spring Lane Singapore 247729 2 Standard AOR = [Gross lettings (Room Nights) / Available room nights] x 100 3 Standard ARR = [Total room revenue / Gross lettings] x 100 4 RevPAR = AOR x ARR Average Room Rate (ARR) ARR, AOR and RevPAR, 2020
DOS
The Singapore Tourism Board publishes monthly statistics on international visitor arrivals. Data on international visitor arrivals are compiled from immigration movement records completed by all visitors arriving in Singapore at the points of entry. ... Hotel Occupancy Rate 3/ % 2023: 80.1: 4.9: 75.2: 18.4: Available Room Nights 4/ '000 : 2023: ...
Tourism recovery to keep momentum in 2024, with tourist spend nearing
STB chief executive Melissa Ow said 2023's robust performance signals a promising recovery for Singapore tourism, in line with growing international travel demand. ... the average occupancy rate ...
Tourism in Singapore
Tourism in Singapore is a major industry and contributor to the Singaporean economy. In 2019, 19,114,002 tourists visited the country, which was the highest recorded number of arrivals since independence in 1965. [1] As of 2023, as tourist arrivals recovers from the impact of the COVID-19 pandemic, there were a total of 13,610,404 international ...
Visitor arrivals in Singapore creep back to pre-pandemic levels as
Singapore's tourism receipts are estimated to reach S$13.8 billion to S$14.3 billion for 2022 - about 50 to 52 per cent of 2019 levels, according to figures released by STB on Tuesday (Jan 17). In ...
Singapore Tourism Statistics
How much do overseas visitors spend in Singapore? In 2019, international tourists in Singapore spent SGD 27 billion ( 20.30 billion USD) on their visits. This figure fell to SGD 7 billion ( 5.35 billion USD) in 2020 and to SGD 5 billion ( 4.11 billion USD) in 2021, reflecting the impact of the pandemic.
Singapore's tourism sector gets S$300 million boost to develop new
Singapore's tourism sector saw a strong rebound in 2023, with international visitor arrivals recovering to 13.6 million. This was about 71 per cent of tourist arrivals in 2019, before ...
Singapore expects to see 15 million to 16 million visitors in 2024
SINGAPORE'S tourism performance in 2024 is forecast to remain below pre-Covid levels, despite better-than-expected tourist spending in 2023, the Singapore Tourism Board (STB) said in its year in review on Thursday (Feb 1). ... In 2023, hotels' average room rate (ARR) and revenue per available room (RevPAR) surpassed 2019 levels, at S$282 ...
PDF Recent Performance in Singapore'S Tourism Industry and Tourism Yield
It also analyses the trends in tourism yield and that for Singapore's key tourism inbound markets. Singapore's tourism industry has generally performed well over the years Between 2010 and 2016, international visitor arrivals (IVA)1 to Singapore increased by 5.9 per cent on a compounded annual growth rate (CAGR) basis.
Singapore Tourism Statistics 1960-2024
Singapore tourism statistics for 2019 was 0.00, a 100% decline from 2018. International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country.
Why are Singapore hotel prices so high right now?
Hotel rooms in Singapore are now the most expensive in almost a decade as the city-state seeks to position itself as the tourism and business destination in Asia with a slew of high-profile events lined up for the coming months. At an average of S$259 a night, the average hotel room rate in July rose nearly 70% year-on-year to the highest since ...
Singapore: tourism receipts 2023
Research expert covering Singapore, Indonesia and Malaysia. Get in touch with us now. , May 29, 2024. In 2022, the total tourism receipts in Singapore was about 14.18 billion Singapore dollars ...
Singapore Tourism Revenue
Singapore's Tourism Revenue reached 5 USD bn in Dec 2023, compared with 6 USD bn in the previous quarter. Singapore's Tourism Revenue data is updated quarterly, available from Mar 2007 to Dec 2023. The data reached an all-time high of 5,827 USD mn in Sep 2023 and a record low of 111 USD mn in Jun 2020. CEIC converts quarterly Tourism Revenue into USD.
Singapore Tourism Revenue Growth
Singapore Tourism Revenue grew 34.5 % YoY in Dec 2023, compared with an increase of 74.3 % YoY in the previous quarter. Singapore Tourism Revenue Growth rate data is updated quarterly, available from Mar 2008 to Dec 2023. The data reached an all-time high of 1,145.9 % in Sep 2022 and a record low of -97.6 % in Jun 2020.
Singapore Market Focus
Tourism remains as another key source of support for the Singapore economy. While May's visitor arrivals of 1.28mil (+15.3% y-o-y) marks the slowest increase year-to-date, it nevertheless makes up ~86.2% of the level in May-19, and is at the top-end of Singapore Tourism Board's 15-16.5mil forecast for this year.
Singapore Is the World's Most Expensive City for Luxury Living in 2024
Singapore, it would seem. The so-called Lion City has topped the list of the 25 most expensive metropolises in the world for luxury living yet again , according to a new annual report by Swiss ...
Monthly Hotel Statistics
Monthly Hotel Statistics. The Hotel Statistics have been shifted to the Tourism Statistics page in the Singapore Tourism Analytics Network (Stan) website. Explore Stan to find out more.
Singapore Q2 growth beats expectations at 2.9%
SINGAPORE'S economy grew 2.9 per cent year on year in the second quarter of 2024, comparable to the revised growth rate of 3 per cent in the previous quarter, going by advance estimates from the Ministry of Trade and Industry (MTI) on Friday (Jul 12). Read more at The Business Times.
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1 likes, 0 comments - vedsgroup_visa_study_tourist on June 5, 2024: " SINGAPORE WITHOUT IELTS WITHOUT INTERVIEW HIGH SUCCESS RATE ALL PAYMENT AFTER VISA 6283572329 9781429304".
S'pore economy saw better-than-expected growth of 2.9% in Q2; Q1 growth
"Softer labour demand and high interest rates are likely to deter investment and keep Singaporean consumers in cautious mode," said Ms Yue. OCBC Bank also raised its 2024 GDP forecast to 2.6 ...
IMAGES
VIDEO
COMMENTS
Find the most relevant and recent facts about tourism and the hotel industry in Singapore. ... Standard average room rate in Singapore from 2014 to 2023 (in Singapore dollars)
Singapore Tourism Analytics Network (Stan) View visualisations and/or download data files on Singapore tourism statistics: Monthly Visitor Arrivals, Monthly Hotel Statistics, Annual Tourism Receipts and Annual Cruise Statistics.
Statistics on the tourism sector and hotel industry are compiled by the Singapore Tourism Board. Data are preliminary when first released. 1 Refers to % change in latest period over the same period in the previous year. 2 Refers to % change in the previous period over the same period in the previous year. 3 Data under the column for '% change ...
Tourism receipts estimated to reach $24.5-26.0 billion, visitor arrivals reached 13.6 million, in line with international tourism recovery. Singapore, 1 February 2024 - Singapore's tourism sector recovered strongly and demonstrated resilience with a solid performance for 2023.International visitor arrivals (IVA) reached 13.6 million in 2023 (~71 per cent of 2019 IVA), meeting STB's ...
From April to December 2022[5], the Average Occupancy Rate (AOR) was 79.1 per cent, compared to 87.3 per cent recorded in the same period in 2019. Average room rates during this period increased by 17 per cent to $260, while Revenue per Available Room (RevPAR) increased by 6.2 per cent to $206. ... The Singapore Tourism Board (STB) is the lead ...
The number in 2023 met Singapore Tourism Board's (STB) forecast of between 12 million and 14 million visitors. ... Average room rate reached S$282, which is about 128 per cent of the rate in 2019 ...
The number in 2023 met Singapore Tourism Board's (STB) forecast of between 12 million and 14 million visitors. ... Average room rate reached S$282, which is about 128 per cent of the rate in 2019 ...
Singapore Tourism Analytics Network (Stan) Stan is a data analytics platform to view visualisations and perform analysis on tourism-related data, aggregated from STB and the industry, to derive actionable insights about Singapore's visitors.
2020TOURISM SECTOR PERFORMANCE HOTEL INDUSTRY +65 6736 6622 +65 6736 9423 stb.gov.sg Tourism Court 1 Orchard Spring Lane Singapore 247729 2 Standard AOR = [Gross lettings (Room Nights) / Available room nights] x 100 3 Standard ARR = [Total room revenue / Gross lettings] x 100 4 RevPAR = AOR x ARR Average Room Rate (ARR) ARR, AOR and RevPAR, 2020
The Singapore Tourism Board publishes monthly statistics on international visitor arrivals. Data on international visitor arrivals are compiled from immigration movement records completed by all visitors arriving in Singapore at the points of entry. ... Hotel Occupancy Rate 3/ % 2023: 80.1: 4.9: 75.2: 18.4: Available Room Nights 4/ '000 : 2023: ...
STB chief executive Melissa Ow said 2023's robust performance signals a promising recovery for Singapore tourism, in line with growing international travel demand. ... the average occupancy rate ...
Tourism in Singapore is a major industry and contributor to the Singaporean economy. In 2019, 19,114,002 tourists visited the country, which was the highest recorded number of arrivals since independence in 1965. [1] As of 2023, as tourist arrivals recovers from the impact of the COVID-19 pandemic, there were a total of 13,610,404 international ...
Singapore's tourism receipts are estimated to reach S$13.8 billion to S$14.3 billion for 2022 - about 50 to 52 per cent of 2019 levels, according to figures released by STB on Tuesday (Jan 17). In ...
How much do overseas visitors spend in Singapore? In 2019, international tourists in Singapore spent SGD 27 billion ( 20.30 billion USD) on their visits. This figure fell to SGD 7 billion ( 5.35 billion USD) in 2020 and to SGD 5 billion ( 4.11 billion USD) in 2021, reflecting the impact of the pandemic.
Singapore's tourism sector saw a strong rebound in 2023, with international visitor arrivals recovering to 13.6 million. This was about 71 per cent of tourist arrivals in 2019, before ...
SINGAPORE'S tourism performance in 2024 is forecast to remain below pre-Covid levels, despite better-than-expected tourist spending in 2023, the Singapore Tourism Board (STB) said in its year in review on Thursday (Feb 1). ... In 2023, hotels' average room rate (ARR) and revenue per available room (RevPAR) surpassed 2019 levels, at S$282 ...
It also analyses the trends in tourism yield and that for Singapore's key tourism inbound markets. Singapore's tourism industry has generally performed well over the years Between 2010 and 2016, international visitor arrivals (IVA)1 to Singapore increased by 5.9 per cent on a compounded annual growth rate (CAGR) basis.
Singapore tourism statistics for 2019 was 0.00, a 100% decline from 2018. International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country.
Hotel rooms in Singapore are now the most expensive in almost a decade as the city-state seeks to position itself as the tourism and business destination in Asia with a slew of high-profile events lined up for the coming months. At an average of S$259 a night, the average hotel room rate in July rose nearly 70% year-on-year to the highest since ...
Research expert covering Singapore, Indonesia and Malaysia. Get in touch with us now. , May 29, 2024. In 2022, the total tourism receipts in Singapore was about 14.18 billion Singapore dollars ...
Singapore's Tourism Revenue reached 5 USD bn in Dec 2023, compared with 6 USD bn in the previous quarter. Singapore's Tourism Revenue data is updated quarterly, available from Mar 2007 to Dec 2023. The data reached an all-time high of 5,827 USD mn in Sep 2023 and a record low of 111 USD mn in Jun 2020. CEIC converts quarterly Tourism Revenue into USD.
Singapore Tourism Revenue grew 34.5 % YoY in Dec 2023, compared with an increase of 74.3 % YoY in the previous quarter. Singapore Tourism Revenue Growth rate data is updated quarterly, available from Mar 2008 to Dec 2023. The data reached an all-time high of 1,145.9 % in Sep 2022 and a record low of -97.6 % in Jun 2020.
Tourism remains as another key source of support for the Singapore economy. While May's visitor arrivals of 1.28mil (+15.3% y-o-y) marks the slowest increase year-to-date, it nevertheless makes up ~86.2% of the level in May-19, and is at the top-end of Singapore Tourism Board's 15-16.5mil forecast for this year.
Singapore, it would seem. The so-called Lion City has topped the list of the 25 most expensive metropolises in the world for luxury living yet again , according to a new annual report by Swiss ...
Monthly Hotel Statistics. The Hotel Statistics have been shifted to the Tourism Statistics page in the Singapore Tourism Analytics Network (Stan) website. Explore Stan to find out more.
SINGAPORE'S economy grew 2.9 per cent year on year in the second quarter of 2024, comparable to the revised growth rate of 3 per cent in the previous quarter, going by advance estimates from the Ministry of Trade and Industry (MTI) on Friday (Jul 12). Read more at The Business Times.
1 likes, 0 comments - vedsgroup_visa_study_tourist on June 5, 2024: " SINGAPORE WITHOUT IELTS WITHOUT INTERVIEW HIGH SUCCESS RATE ALL PAYMENT AFTER VISA 6283572329 9781429304".
"Softer labour demand and high interest rates are likely to deter investment and keep Singaporean consumers in cautious mode," said Ms Yue. OCBC Bank also raised its 2024 GDP forecast to 2.6 ...