Singapore hotels average room rate surges 48% in February

The occupancy rate was undaunted, increasing by 13.26 percentage points from January.

Singapore hotels' average room rate increased to $277.62, a surge of 48% compared to $187.69 in the same period last year and a slight increase from $274.62 in January.

Despite the increasing room rates, the occupancy rate continues to grow to 83.63% from 70.37%.

Data from the country's Tourism Analytics Network also stated that this month's numbers are higher than the average room ($187.69) and occupancy (63.91%) rates from February last year.

Meanwhile, the Revenue per Available Room (REVPAR) for the last month rose to $232.16 from $193.37 in January 2023 and $119.95 year-over-year.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia