Mabuhay Pinoys: Filipinos the second fastest growing tourist visitor nation to Singapore last quarter

Filipino visitors grew 34% as overall arrivals hit 3.2 m for the quarter, but guess which was the fastest growing tourist market ?

According to the Singapore Tourism Board, China was the fastest growing tourism market, recording 35% growth for the quarter.

International visitor arrivals 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 Days for Q2 2011 were estimated at 12.5 million days, a growth of 9.4% in comparison with the same quarter last year.

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.

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.

QUARTER TWO 2011 PERFORMANCE – ACROSS HOTEL TIERS

Average Room Rate 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 reached 86% in Q2 2011.

Robust performance in ARR resulted in a 12% growth in Revenue Per Available Room, which stood at S$212 in Q2 2011. The Upscale tier was the top performer in terms of RevPAR growth.

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