Tuesday, December 28, 2010

Singapore Visitor Arrivals in October 2010

Singapore visitor arrivals registered 15.8 percent growth to reach 978,000 in October 2010, the highest number of arrivals recorded for the month of October. [See: Singapore Visitor Arrivals for October 2009]

 This also marks the eleventh consecutive month of record visitor arrivals. Visitor days were estimated at 3.7 million days, a year-on-year growth of 13.2 percent.

Indonesia (179,000), P.R. China (93,000), Malaysia (83,000), Australia (77,000) and India (76,000) were Singapore's top five visitor generating markets in October 2010. These markets accounted for 52 percent of total visitor arrivals for the month.

In October 2010, South Korea (+80.4 percent), Thailand (+60.8 percent), and Philippines (+35.5 percent) registered their highest growth out of the top 15 markets.

Tourism receipts (TR) for January – September 2010 was estimated to reach SGD 13.7 billion, which for the first time includes the contribution of the Integrated Resorts in Shopping, Accommodation, F&B, as well as Sightseeing and Entertainment. Higher per capita spending, strong visitor arrivals, as well as spending at the IRs contributed to the 47 percent year-on-year growth.

The Singapore Tourism Board said it is optimistic that the full-year TR for 2010 will fall within the forecast range of SGD 17.5 to SGD 18.5 billion.

Excluding spend in Sightseeing and Entertainment, Indonesia (SGD 2,072 million), P.R. China (SGD 1,240 million), India (SGD 753 million), Australia (SGD 752 million) and Malaysia (SGD 562 million) were Singapore’s top five TR generating markets for Q1-Q3 2010.

 Indonesia (+32 percent), India (+30 percent), and P.R. China (+28 percent) posted higher than average TR growth rates, due mainly to higher shopping spend and for Indonesia, healthcare-related expenditure.

Despite a 1 percent decline in arrivals from UK during Jan-Sep 2010 vs. year ago, higher per capita spending by UK visitors resulted in a 19 percent growth in TR.

AOR recorded a 4.3 percentage point increase over October 2009 to reach 86 percent in October 2010 while ARR increased by 16.2 percent to reach an estimate of SGD 214. RevAPR increased by 22.3 percent to reach SGD 185 in October 2010.

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