executive summary...3 tourism receipts (tr) for the fourth quarter (q4 2019) was estimated at s$7.1...

EXECUTIVE SUMMARYThe tourism sector in 2019 achieved record highs in International Visitor Arrivals (IVA) and Tourism Receipts (TR) for the fourth consecutive year. From January to December 2019, IVA increased 3.3 per cent over the same period last year to reach 19.1 million visitors. TR reached S$27.7 billion, a growth of 2.8 per cent compared to the same period last year.

The increase in TR was due to growths in Other TR Components, Shopping and SEG, which offset declines in Accommodation and F&B.

Gazetted hotel room revenue for 2019 reached S$4.2 billion, a year-on-year growth of 5.2 per cent. Average Occupancy Rate (AOR) marginally increased by 0.9 percentage points to 86.9 per cent while

Average Room Rate (ARR) grew 1.2 per cent to S$221, resulting in a 2.3 per cent growth in RevPAR to reach S$192.

The tourism sector saw healthy growth in the fourth quarter of 2019 (Q4). IVA grew 6.9 per cent year-on-year to reach 4.8 million visitors. TR totalled S$7.1 billion in Q4 2019, a 12.8 per cent growth over the same period last year. Gazetted hotel room revenue for Q4 2019 came in at an estimated S$1.1 billion, a growth of 11 per cent year-on-year.

[Note: International visitor arrivals statistics up to Mar 2020 is now available here.]

NOTE TO EDITORSThis quarterly report provides a summary of key statistics on tourism receipts, international visitor arrivals and gazetted hotels. The analysis in this report is based on data from a variety of sources, including SG Arrival Cards (SGAC), Disembarkation/Embarkation (DE) Cards, the Overseas Visitors Survey (OVS) and the monthly hotel returns from gazetted hotels. Data derived from the OVS are subject to sampling error. Users are advised to exercise discretion when drawing any conclusions or inferences, or taking any action, based on the data. Data is correct as at the time of publishing.

Interact with International Visitor Arrivals and Hotel Data at: https://stan.stb.gov.sg/portal/

2

TOURISM SECTORPERFORMANCE2019

Q4

QUARTER FOUR 2019 HIGHLIGHTS

QU

AR

TER

FO

UR

20

19 H

IGH

LIG

HTS

FULL

YEA

R

2019

HIG

HLI

GH

TS

TOURISMRECEIPTS

S$27.7 billion

S$7.1 billion

year-on-year to reach


TR in 2019 increased by

TR in Q4 2019increased by

+2.8%

+12.8%

INTERNATIONALVISITOR ARRIVALS



19.1 million

4.8 million

+3.3%

+6.9%

IVA in 2019 increased by

IVA in Q4 2019 increased by

S$4.2 billion

S$1.1billion



HOTELINDUSTRY

+5.2%

+11%

Gazetted hotel room revenue in 2019 grew

Gazetted hotel room revenue in Q4 2019 grew

https://stan.stb.gov.sg/portal/

https://stan.stb.gov.sg/portal/

3

Tourism Receipts (TR) for the fourth quarter (Q4 2019) was estimated at S$7.1 billion, a 12.8 per cent growth over the same period last year. Expenditure grew for most components, particularly Shopping (+9%), Accommodation (+13%),

Sightseeing, Entertainment & Gaming (+15%) and Other TR Components (+18%), while it stayed flat for Food & Beverage services (0%).

1All Tourism Receipts figures are accurate as of April 2020

Source: SG Arrival Cards and Overseas Visitors Survey- Sightseeing, Entertainment & Gaming includes entrance fees to attractions and nightspots, expenditure on day-tours, leisure events as well as entertainment at the Integrated Resorts.- Other TR components include expenditure on airfares on Singapore-based carriers, port taxes, local transportation, as well as expenditure by business, medical, education and transit/transfer visitors.

TOURISM RECEIPTS BY MAJOR COMPONENTSTOURISM RECEIPTS: S$7.1BILLION (+12.8% VS Q4 2018)All percentage changes are vs same period in 2018

QUARTER FOUR 2019 PERFORMANCE1

3

TOURISM RECEIPTS


Q4

OTHER TR COMPONENTS

S$2,002m

S$649m

+18%

SIGHTSEEING, ENTERTAINMENT & GAMING

S$1,593m

SHOPPING

S$1,457m20%

20%

9%

22%

28%

% Share

FOOD & BEVERAGE

0%

ACCOMMODATION

S$1,439m

+9%

+15%

+13%

Expenditure is estimated from Overseas Visitors Survey.Other TR components include expenditure on airfares on Singapore-based carriers, port taxes, local transportation, business, medical, education and transit/transfer visitors.* Sightseeing, Entertainment & Gaming has been excluded in the country analysis due to commercial sensitivity of information.

Excluding expenditure on Sightseeing, Entertainment & Gaming (SEG), Mainland China (S$900 million), Indonesia (S$810 million) and India (S$399 million) were the top three TR generating markets in Q4 2019, contributing to 38 per cent of TR (excluding SEG).Among the top 10 TR markets, Mainland China, Indonesia and USA registered the highest absolute year-on-year growths in TR (excluding SEG).

TOURISM RECEIPTS BY MAJOR COMPONENTS, TOP 10 MARKETSTOURISM RECEIPTS* :S$5.5 BILLION (+12.2% VS Q4 2018)

VA % Change

vs Q4 2018

TR % Change

vs Q4 2018Q4 2019 TR*(S$ million)

+7%

+11%

+11%

-2%

+11%

+5%

+15%

+8%

-6%

+2%

+6%

+12%

+19%

+13%

-2%

+13%

0%

+40%

+29%

+1%

+37%

+14%

Overall

Mainland China

Indonesia

India

Australia

Japan

USA

Philippines

Malaysia

Thailand

UK

5,547

900

810

399

354

279

253

218

212

175

166

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

SHOPPING ACCOMMODATION FOOD & BEVERAGE OTHER TR COMPONENTS

p

p

p

q

p

p

p

p

q

p

p

p

p

p

q

p

p

p

p

p

p

54%

30%

26%

14%

12%

13%

10%

26%

21%

30%

12%

15%

26%

36%

32%

34%

43%

27%

21%

28%

36%

9%

12%

14%

13%

8%

13%

17%

14%

14%

15%

46%

36%

36%

43%

44%

34%

29%

44%

29%

37%

15% 5% 26%

4

INDONESIA

S$810 million

1 MAINLAND CHINA

S$900 million

2

INDIA

S$399 million3

TOURISM RECEIPTS

QUARTER FOUR 2019 PERFORMANCE


Q4

Tourism Receipts (TR) for January to December reached S$27.7 billion, a growth of 2.8 per cent compared to the same period last year. Growths were observed in Shopping (+5%), Sightseeing,

Entertainment & Gaming (+2%), and Other TR Components (+8%), while declines were noted in Accommodation (-2%), and Food & Beverage (-4%).

Excluding expenditure on Sightseeing, Entertainment & Gaming (SEG), Mainland China (S$4,124 million), Indonesia (S$3,074 million) and India (S$1,624 million) were the top three TR generating markets for January to December 2019, contributing 41 per cent of TR

(excluding SEG). Among the top 10 TR markets, Indonesia, Mainland China and USA registered the highest absolute year-on-year growths in TR (excluding SEG).

Expenditure is estimated from Overseas Visitors Survey.– Other TR components include expenditure on airfares on Singapore-based carriers, port taxes, local transportation, business, medical, education and transit/transfer visitors.* Sightseeing, Entertainment & Gaming has been excluded in the country analysis due to commercial sensitivity of information.

2 All Tourism Receipts estimates are correct as at April 2020.

TOURISM RECEIPTS BY MAJOR COMPONENTS, TOP 10 MARKETSTOURISM RECEIPTS* :S$21.7 BILLION (2.9% VS JAN-DEC 2018)

JANUARY TO DECEMBER 2019 PERFORMANCE

TOURISM RECEIPTS BY MAJOR COMPONENTS2

TOURISM RECEIPTS: S$27.7 BILLION (+2.8% VS JAN-DEC 2018)

VA % Changevs 2018

TR % Changevs 2018

2019 TR*(S$ million)

+3%

+6%

+3%

-2%

+3%

+7%

+13%

-3%

+7%

+3%

0%

+3%

+3%

+5%

+8%

-7%

+3%

+6%

+21%

-11%

+6%

+2%

-1%

+1%

Overall

Mainland China

Indonesia

India

Australia

Japan

USA

Malaysia

Philippines

South Korea

Vietnam

Others

21,692

4,124

3,704

1,624

1,343

1,162

885

733

721

675

668

6,683

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

SHOPPING ACCOMMODATION FOOD & BEVERAGE OTHER TR COMPONENTS

p

p

p

q

p

p

p

q

p

p

p

p

p

p

q

p

p

p

q

p

p

q

p

26% 25% 12% 37%

49% 17% 6% 28%

30% 15% 8% 47%

15% 35% 14% 36%

12% 31% 12% 45%

13% 34% 9% 43%

11% 40% 14% 36%

24% 20% 12% 44%

24% 28% 17% 32%

14% 36% 13% 37%

37% 20% 10% 33%

20% 29% 15% 36%

Source: SG Arrival Cards and Overseas Visitors Survey– Sightseeing, Entertainment & Gaming 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 on Singapore-based carriers, port taxes, local transportation, business, medical, education and transit/transfer visitors.

Jan-Dec % Share

20%

20%

9%

22%

29%

$5,640

$5,529

$2,497

$5,997

$8,026

S$ Millions 0 2 ,000 4,000 6,000 8,000

SHOPPING

ACCOMMODATION

FOOD & BEVERAGE

SIGHT SEEING, ENTERTAINMENT

& GAMINGOTHER TR

COMPONENTS

Q1 1,371 Q2 1,386

Q1 1,256 Q2 1,309

Q1 1,457 Q2 1,443

Q1 1,929 Q2 1,842

Q1 588 Q2 586 Q3 673 Q4 649

Q3 1,426 Q4 1,457

Q3 1,525 Q4 1,439

Q3 1,505 Q4 1,593

Q4 2,002Q3 2,254

5

TOURISM RECEIPTS

% Changevs 2018

+5%

-2%

-4%

+2%

+8%

p

q

q

p

p


Q4

INTERNATIONALVISITOR ARRIVALS

Mainland China (3.6 million), Indonesia (3.1 million), India (1.4 million), Malaysia (1.2 million) and Australia (1.1 million) were Singapore’s top five international visitor-generating markets in 2019. These markets accounted for 55 per cent of total IVA in January to December 2019.

Largest absolute year-on-year growths were noted in Mainland China (+6%), Indonesia (+3%), and USA (+13%).

IVA, TOP 15 MARKETS

MAINLAND CHINAp+6% 3,627,000INDONESIAp+3% 3,109,000INDIAq-2% 1,418,000MALAYSIAq-3% 1,221,000AUSTRALIAp+3% 1,143,000

Source: SG Arrival Cards

1

2

3

4

5

JAN-DEC 2019: 19.1 MILLION (+3.3% VS JAN-DEC 2018)

6


INTERNATIONAL VISITOR ARRIVALS (IVA)JAN-DEC 2019: 19.1 MILLION (+3.3% VS JAN-DEC 2018), VISITOR DAYS: 64.1 MILLION DAYS (+4.0%)

Singapore’s international visitor arrivals (IVA) stood at 19.1 million for January to December 2019, a 3.3 per cent year-on-year growth.

IVA 2018 (’000s) IVA 2019 (’000s)


Q4

1,5631,492

1,584 1,5441,471

1,545

1,7331,683

1,4671,603

1,6251,499

1,565 1,5971,488

1,802 1,736

1,463

1,5301,5331,552

1,724

1,415 1,407

% Changevs 2018

+7%

+7%

+13%

+3%

+3%

0%

-3%

+3%

+1%

+7%

+3%

Japan

Philippines

USA

South Korea

UK

Vietnam

Thailand

Hong Kong SAR

Taiwan

Germany

Others0 1000 1500 25002000500 ‘000s

p

p

p

p

p

q

p

p

p

p

6

7

8

9

10

11

12

13

14

15

829

729

646

607

592

528

489

426

381

2,485

884

HOTEL INDUSTRY

Gazetted hotel room revenue for Q4 2019 was S$1.1 billion, a growth of 11 per cent year-on-year. Average Occupancy Rate (AOR3) was at 86.3 per cent in Q4 2019, a 2.3 percentage point increase compared to the same quarter last year. Average

Room Rate (ARR4) grew by 3.7 per cent to S$228, and Revenue per Available Room (RevPAR5) also rose by 6.5 per cent year-on-year to S$197 in Q4 2019.

HOTEL INDUSTRY

3 Standard AOR = [Gross lettings (Room Nights) / Available room nights] x 1004 Standard ARR = [Total room revenue / Gross lettings] x 1005 RevPAR = AOR x ARR

ARR, AOR and RevPAR, Q4 2019

S$ %p % %ptsp S$ %p

Overall 228 p +3.7 86 p +2.3 197 p +6.5

Luxury 468 p +4.2 88 p +2.4 412 p +7.1

Upscale 270 p +1.5 86 p +2.2 232 p +4.2

Mid-tier 174 p +3.3 88 p +2.3 153 q +6.1

Economy 110 p +6.3 83 p +2.8 92 p +9.9

Average Room Rate (ARR) Average Occupancy Rate (AOR) Revenue Per Available Room (RevPAR)

QUARTER FOUR 2019 PERFORMANCE

ARR, AOR and RevPAR, JANUARY – DECEMBER 2019

S$ %p % %ptsp S$ %p

Overall 221 p +1.2 87 p +0.9 192 p +2.3

Luxury 457 p +1.8 88 p +1.2 404 p +3.2

Upscale 265 p +0.6 86 0.0 227 p +0.6

Mid-tier 170 p +1.2 89 p +1.7 151 p +3.1

Economy 108 p +3.3 84 p +0.7 91 p +4.1

Average Room Rate (ARR) Average Occupancy Rate (AOR) Revenue Per Available Room (RevPAR)

Gazetted hotel room revenue for January to December 2019 was S$4.2 billion, a 5.2 per cent growth over the same period last year. Average Occupancy Rate (AOR) marginally increased by

0.9 percentage points to 86.9 per cent while Average Room Rate (ARR) grew 1.2 per cent to S$221, resulting in a 2.3 per cent growth in RevPAR to reach S$192.


7

+65 6736 6622 +65 6736 9423 stb.gov.sgTourism Court 1 Orchard Spring Lane Singapore 247729

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 26 Mar 2020. The current hotel tiers published are based on the hotels’ performance in 2019. 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 – ncludes 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


Q4

executive summary...3 tourism receipts (tr) for the fourth quarter (q4 2019) was estimated at s$7.1...

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