Singapore Tourism Board Hotel Statistics 2016 Published Date: 08 Sep 2016 Jan 2016 Feb 2016 Mar 2016 Apr 2016 May 2016 Jun 2016 Jul(e) 2016 Aug 2016 Sep 2016 Oct 2016 Nov 2016 Dec 2016 Jan-Jul(e) 2016 Year-on-Year % Change Maximum Room Nights 1,426,765 1,336,045 1,421,877 1,375,118 1,414,587 1,378,453 1,406,595 9,759,441 6.5 Paid Lettings1 1,138,875 1,097,726 1,148,036 1,127,444 1,128,375 1,055,212 1,247,234 7,942,903 7.1 Available Room Nights2 1,371,341 1,292,106 1,373,287 1,327,073 1,360,654 1,315,138 1,368,040 9,407,638 6.3 1,145,000 1,102,081 1,153,922 1,135,320 1,134,407 1,061,019 1,252,963 7,984,713 7.1 83.5 85.3 84.0 85.6 83.4 80.7 91.6 84.9 0.6 269.9 274.0 269.7 267.7 260.4 235.4 295.7 1,872.8 3.7 235.7 248.6 233.7 235.3 229.6 221.8 235.9 234.5 -3.0 196.8 212.1 196.4 201.3 191.4 179.0 216.1 199.0 -2.3 Gross Lettings (Room Nights) 3 Standard Average Occupancy Rate (AOR)4 (%) Total Room Revenue ($ m) 5 Standard Average Room Rate (ARR) ($) 6 Revenue per Available Room (Revpar) ($) Definitions 1 Room lettings paid for by hotel guests 2 Available room nights = Maximum rooms - Rooms under renovation, for staff use, others 3 Gross lettings (Room Nights) = Adjusted Paid lettings + Complimentary lettings 4 Standard AOR = [Gross lettings (Room Nights) / Available room nights] x 100 5 Standard ARR = Total room revenue / Gross lettings 6 Revpar = AOR x ARR 7 % Point Change (AOR) (e) Figures for the hotel industry are preliminary estimates Source: STB’s survey on ‘Return of Hotel on Room Lettings and Food & Beverage Sales Turnover’ as at 29 Aug 2016. ©2016 Singapore Tourism Board. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of STB, or as otherwise permitted herein. Contents of this report may be reproduced accurately in part in other publications if STB is acknowledged and attributed as copyright owner. STB shall not be liable for any loss, damage or injury caused by or arising out of the use of the data in this publication. All information in this publication are deemed to be correct at time of printing. 7 Singapore Tourism Board Hotel Statistics 2016 Published Date: 08 Sep 2016 Monthly Hotel Paid Lettings with Y-o-Y Percentage Change (Aug 2015 to Jul 2016) 2.0 1.8 20% 12% 12% 11% 9% 9% 7% 6% 6% 7% 6% 6% 10% 1.6 0% Paid Lettings (Millions) 1.4 1.23 1.18 1.2 1.14 1.08 1.03 1.02 0.96 1.0 1.15 1.14 1.05 0.99 1.04 1.10 1.05 1.16 1.13 1.06 1.01 0.99 0.98 1.13 1.09 -10% 1.05 1.06 -20% 0.8 0.6 -30% 0.4 -40% 0.2 0.0 -50% Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Hotel Paid Lettings a Year Before Jan-16 Feb-16 Hotel Paid Lettings Mar-16 Apr-16 May-16 Y-o-Y % change in Paid Lettings Jun-16 Jul-16 Y-o-Y % change in paid lettings 1% Singapore Tourism Board Hotel Statistics by Tier 2016 Published Date: 08 Sep 2016 Year 2016(e) (Jan-Jul) Luxury % 85.2 % point ∆ 0.0 85.2 88.4 85.5 84.4 82.1 81.5 89.7 0.3 0.4 -0.2 1.7 0.6 -2.8 -0.4 Jan Feb Mar Apr May Jun (e) Jul Aug Sep Oct Nov Dec Standard Average Occupancy Rate Upscale Mid-Tier % % point ∆ % % point ∆ 85.6 -0.2 86.1 1.6 84.6 87.3 84.8 86.7 83.7 79.9 92.0 1.0 0.1 -2.3 4.1 0.4 -5.4 0.6 85.3 86.6 85.0 86.8 84.5 81.7 93.1 Economy % % point ∆ 79.7 0.6 2.5 1.9 1.1 6.0 1.0 -3.3 1.9 74.5 74.4 77.9 81.6 81.4 78.3 89.3 -1.0 -1.3 1.6 3.7 0.2 -1.9 3.0 Luxury S$ %∆ 435.5 -0.9 Standard Average Room Rate Upscale Mid-Tier S$ %∆ S$ %∆ 261.0 0.1 170.9 -1.5 Economy S$ %∆ 100.6 -3.0 436.6 471.4 424.9 421.5 431.1 401.6 457.6 261.9 275.2 259.0 263.4 259.2 248.3 259.6 103.1 98.2 99.8 102.8 99.5 98.3 101.9 -5.7 2.8 -1.7 -3.3 -0.7 -4.4 6.0 -0.5 5.0 -1.7 1.7 1.6 -5.3 -0.3 168.4 173.6 172.3 176.3 168.8 166.2 170.7 -3.1 3.2 -4.1 2.1 -1.2 -7.4 0.4 -0.2 -3.7 -3.5 2.0 -1.5 -9.0 -4.0 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. The current hotel tiers published are based on the hotels’ performance in 2015. 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 location 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 (e) Figures for the hotel industry are preliminary estimates Source: STB’s survey on ‘Return of Hotel on Room Lettings and Food & Beverage Sales Turnover’ as at 29 Aug 2016. ©2016 Singapore Tourism Board. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of STB, or as otherwise permitted herein. Contents of this report may be reproduced accurately in part in other publications if STB is acknowledged and attributed as copyright owner. STB shall not be liable for any loss, damage or injury caused by or arising out of the use of the data in this publication. All information in this publication are deemed to be correct at time of printing. Luxury S$ %∆ 371.2 -0.9 Revenue Per Available Room (RevPar) Upscale Mid-Tier S$ %∆ S$ %∆ 223.4 -0.1 147.2 0.3 Economy S$ %∆ 80.1 -2.2 371.7 416.6 363.4 355.6 353.8 327.1 410.6 221.6 240.4 219.7 228.4 217.0 198.5 238.8 76.8 73.0 77.7 83.8 81.0 77.0 90.9 -5.3 3.3 -2.0 -1.3 0.0 -7.5 5.5 0.7 5.2 -4.3 6.7 2.1 -11.3 0.4 143.7 150.3 146.5 153.0 142.5 135.7 158.9 -0.3 5.6 -2.9 9.6 -0.1 -11.0 2.5 -1.5 -5.4 -1.5 6.8 -1.3 -11.1 -0.6