Photo by Albert Vincent Wu from Unsplash
The ARR was up 13.6% YoY.
The Singapore Tourism Board (STB) hotel performance report states that the Average Room Rate (ARR) for August is $283.98 with a 0.86% average occupancy rate.
The rates are slightly lower as compared to July’s $290.97 with a 0.90% average occupancy rate.
Revenue per available room (ReVPAR) for the month of August is $243.60, which is also significantly lower than July’s record of $261.14. The YoY RevPAR sits at 26.5%
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!