24 October 2011

TOURISM SECTOR PERFORMANCE

HIGHLIGHTS
1. Tourism Receipts
Tourism Receipts (TR) for Quarter Two (Q2) 2011 were estimated at S$5 billion (+18%). All TR components for Q2 2011 saw year-on-year growth.

2. International Visitor Arrivals

International Visitor Arrivals for Q2 2011 stood at 3.2 million, representing a 14% year-on-year growth.

3. Hotel Industry
Gazetted hotel room revenue for Q2 2011 was estimated at S$0.6 billion (+33%). Robust performance in ARR and AOR resulted in a 12% growth in Revenue Per Available Room (RevPAR).

Note to Editors: This quarterly report provides a summary of key statistics on tourism receipts, total international visitor arrivals and gazetted hotels. A downloadable version of this report is also available at: http://app.stb.gov.sg/asp/new/new02a.asp?id=3 Monthly International Visitor Arrival and Hotel statistics are available at: https://app.stb.gov.sg/asp/tou/tou02.asp#VS

1. Tourism Receipts
QUARTER TWO 2011 PERFORMANCE1 Tourism Receipts (TR) for Quarter Two (Q2) 2011 were estimated at S$5 billion, registering an 18% year-on-year growth. All TR components saw year-on-year growth.
Tourism Receipts by Major Components, Q2 2011
Tourism Receipts: S$5 billion (+18% vs Q2 2010)
% Change vs 2010

% Share

8%

Shopping

1,032

19%

16%

Accommodation

1,082

20%

15%

Food & Beverage

543

10%

48%

Sightseeing & Entertainment (including Gaming)

1,366

25%

7%

Other TR Components

1,399

26%

S$ Millions

500

1,000

1,500

Source: Disembarkation/Embarkation Cards and Overseas Visitor Survey - Sightseeing & Entertainment includes entrance fees to attractions and nightspots, expenditure on day -tours, leisure events and entertainment at the Integrated Resorts. - Other TR components include expenditure on airfares, port taxes, local transportation, business, medical, education and trans it visitors.

Chart 1: Tourism Receipts by Major Components, Q2 2011

Excluding Sightseeing & Entertainment expenditure, Indonesia (S$677 million), P R China (S$447 million), India (S$305 million), Australia (S$270 million) and the Philippines (S$254 million) were Singapores top five TR generating markets for Q2 2011. All top 10 markets registered growth, except USA (-9%) and Thailand (-4%). For these two markets, this could be attributed to a drop in business traffic, with Thailand also seeing lower discretionary spend. There was also significant growth in TR from the Philippines (+57%) due to an increase in leisure visitors and corresponding per capita expenditure.
Tourism Receipts by Major Components, Top 10 Markets, Q2 2011
Tourism Receipts: S$5 billion (+18% vs Q2 2010)
% Change vs 2010 11%

Shopping
Overall
Indonesia

Accommodation
27%
15%

Food & Beverage

13%
9%

Other TR Components
34%
43%

2011 TR* (S$ mil) 4,057 677

25%
33%

4%
21% 13% 16%

P R China India Australia

Philippines Malaysia

49% 26% 16%

23%

20% 31% 27%

37%

8% 13%

23% 30% 41%

447 305
270

15%
21%

57% 5% 18% -9% 15%

-4%

19%

254
194

29% 18% 12%

15%

25% 34% 40%

33%

11% 14% 19%

17%

35% 34% 28%

34%

Japan USA
Hong Kong SAR Thailand 0%

162 150 148 25%

142 100%

22%
10% 20% 30%

38%
40% 50% 60%

15%
70% 80%

90%

Expenditure is estimated from Overseas Visitor Survey. Other TR components include expenditure on airfares, port taxes, local transportation, business, medical, education and trans visitors. it *Sightseeing & entertainment has been excluded in the country analysis due to commercial sensitivity of information.

Chart 2: Tourism Receipts by Major Components, Top 10 Markets, Q2 2011

1. Tourism Receipts
JANUARY TO JUNE 2011 PERFORMANCE2 Tourism Receipts (TR) for January to June 2011 was estimated at S$11 billion, a 32% year-onyear growth.
Tourism Receipts by Major Components, January-June 2011
Tourism Receipts: S$11 billion (+32% vs Jan-Jun 2010)
% Change vs 2010

Q1

Q2

% Share

9%

Shopping

1,029

1,032

19%

25%

Accommodation

1,033

1,082

20%

23%

Food & Beverage

545

543

10%

136%

Sightseeing & Entertainment (including Gaming)

1,435

1,366

26%

7%

Other TR Components

1,365

1,399

26%

S$ Millions

1,000

2,000

3,000

Source: Disembarkation/Embarkation Cards and Overseas Visitor Survey - Sightseeing & Entertainment includes entrance fees to attractions and nightspots, expenditure on day -tours, leisure events and entertainment at the Integrated Resorts. - Other TR components include expenditure on airfares, port taxes, local transportation, business, medical, education and trans it visitors.

Chart 5: Tourism Receipts by Major Components, January-June 2011

Excluding Sightseeing & Entertainment expenditure, Indonesia (S$1,332 million), P R China (S$969 million), Australia (S$522 million), Malaysia (S$514 million) and India (S$435 million) were Singapores top five TR generating markets for January to June 2011.
Tourism Receipts by Major Components, Top 10 Markets, January to June 2011
Tourism Receipts: S$11 billion (+32% vs Jan-Jun 2010)
% Change vs 2010 14% 9%

Shopping
Overall
Indonesia

Accommodation
26%
16%

Food & Beverage

14%
9%

Other TR Components
34%
45%

2011 TR* (S$ mil) 8,030 1,332

26%
30%

25% 13% 11%

45%

P R China Australia Malaysia

India Japan 22%

49% 17% 30%

30%

18% 26% 26% 15% 13%

15%

9% 42%

24%

969 522

31%
32%

514

435
403

18%
26% 6% 16%

15% 26% 10%

23%

30% 33% 39%

36%

11% 17% 18%

17%

44% 25% 33%

24%

Philippines USA
Thailand UK 0%

357 317 295

282

19%

12%
10% 20%

33%
30% 40% 50%

18%
60% 70%

37%
80% 90% 100%

Expenditure is estimated from Overseas Visitor Survey. Other TR components include expenditure on airfares, port taxes, local transportation, business, medical, education and trans visitors. it *Sightseeing & entertainment has been excluded in the country analysis due to commercial sensitivity of information.

Chart 6: Tourism Receipts by Major Components, Top 10 Markets, January-June 2011

All Tourism Receipts estimates are correct as at 30 September 2011.

2. International Visitor Arrivals

QUARTER TWO 2011 PERFORMANCE International Visitor Arrivals (IVA) for Q2 stood at 3.2 million, representing a 14% year-on-year growth. The IVA for April, May and June 2011 was also the highest historically recorded for each of the individual months. Visitor Days3 for Q2 2011 were estimated at 12.5 million days, a growth of 9.4% in comparison with the same quarter last year.
International Visitor Arrivals, January to June 2011
Jan-Jun 2011: 6.4 million (+15% vs Jan-Jun 2010)
1,200,000 1,000,000 800,000

JANUARY TO JUNE 2011 PERFORMANCE

IVA: 6.4 million (+15%) Visitor Days: 24.2 million days (+10.7%)

IVA

600,000 400,000 200,000 IVA 2011 IVA 2010 % Change

Jan 1,055,908 908,495 16%

Feb 990,016 857,387 15%

Mar 1,071,881 928,903 15%

Apr 1,102,981 939,013 17%

May 1,053,830 946,676 11%

Jun 1,079,235 951,032 13%

Chart 7: International Visitor Arrivals, January-June 2011

JANUARY TO JUNE 2011 PERFORMANCE Indonesia (1,224,000), P R China (758,000), Malaysia (532,000), Australia (464,000) and India (450,000) were Singapore's top five international visitor-generating markets for the period of January to June 20113. These markets accounted for 54% of total IVA for the six months. P R China (+35%), the Philippines (+34%) and Hong Kong (+34%) registered the highest growth out of the top 15 markets for the period of January to June 2011.
% Chg vs. 10 Indonesia +17 P R China +35 Malaysia +13 Australia +11 India +5 Philippines +34 Japan +19 Thailand +21 UK -5 Hong Kong SAR +34 USA +7 South Korea +9 Vietnam +4 Taiwan +18 Germany +2

International Visitor Arrivals, Top 15 Markets, January to June 2011

Jan-Jun 2011: 6.4 million (+15% vs Jan-Jun 2010)
1,224 758

532
464 450 352

285 243 231 228 223 203 156 111 106

0 200 400 600 800 1000 1200

'000s
1400

Source: Disembarkation/Embarkation cards

Chart 8: International Visitor Arrivals, Top 15 Markets, January-June 2011

3

Visitor Days is the total number of days that international visitors stay in a country outside of their country of residence, whose main purpose of visit is other than the exercise of an activity remunerated from within the country visited. Visitor Days = International Visitor Arrivals x Average Length of Stay. 3 Statistics on top international visitor-generating markets for Q2 can be found here: https://app.stb.gov.sg/asp/tou/tou0201.asp

3. Hotel Industry
QUARTER TWO 2011 PERFORMANCE Gazetted hotel room revenue for Q2 2011 was estimated at S$0.6 billion, representing an increase of 33% compared to the same quarter a year ago. June 2011 posted the highest ARR, AOR and RevPAR in Q2 2011, displaying a consistent trend when compared against Q2 2010. 2011 ARR ($) 228 230 242 241 245 251 AOR (%) 82 83 87 86 85 88 RevPAR ($) 188 191 209 206 208 222 ARR ($) 189 200 206 213 214 222 2010 AOR (%) 81 80 89 86 87 89 RevPAR ($) 153 161 182 183 185 197
JANUARY TO JUNE 2011 PERFORMANCE
Gazetted hotel room revenue: S$1.3 billion (+38%) Highest ARR, AOR and RevPAR: June

January February March April May June

Table 1: ARR, AOR & RevPAR, January to June 2010 & 2011

QUARTER TWO 2011 PERFORMANCE ACROSS HOTEL TIERS Average Room Rate (ARR4) stood at S$246 in Q2 2011, a year-on-year increase of 14%. Room rates for all hotel tiers increased, with the Economy tier charting the highest growth rate at 15%. Average Occupancy Rate (AOR5) reached 86% in Q2 2011. Robust performance in ARR resulted in a 12% growth in Revenue Per Available Room (RevPAR6), which stood at S$212 in Q2 2011. The Upscale tier was the top performer in terms of RevPAR growth. Q2 2011 ARR OVERALL LUXURY UPSCALE MID-TIER ECONOMY $ 246 395 276 189 114 % 14% 13% 14% 10% 15% % 86 78 86 89 86 AOR % -1% pt -3% pt -2% pt 1% pt -4% pt RevPAR $ % 212 12% 308 10% 238 12% 168 11% 98 11%

Table 2: ARR, AOR and RevPAR, Q2 2011

4 5

Standard AOR = [Gross lettings (Room Nights) / Available room nights] x 100 Standard AOR = [Gross lettings (Room Nights) / Available room nights] x 100 6 RevPAR = AOR x ARR

Note: The hotel tiering system is a reference system developed by the Singapore Tourism Board (STB) to categorise the different hotels in Singapore into tiers based on a combination of factors that include average room rates, location and product characteristics. Figures for the hotel industry are preliminary estimates, based on returns as at 13 July 2011. The current hotel tiers published are based on the hotels performance in 2010. The response rate across the tiers may vary. Luxury - Includes hotels in the luxury segment and are predominantly in prime locations and/or in historical buildings Upscale - Includes hotels in the upscale segment and are generally in prime locations or hotels with boutique positioning in prime or distinctive locations Mid-Tier - Includes hotels in the mid-tier segment and are primarily located in prime commercial zones or immediately outlying areas Economy - Includes hotels in the budget segment and are generally located in outlying areas

For more information, please contact: Siti Nurhidayati (Ms) Communications Division Singapore Tourism Board Tel: +65 6831 3416 Email: siti_nurhidayati@stb.gov.sg Or the STB Media Hotline at +65 9011 2071