TOURISM SECTORPERFORMANCE2019

Q3

EXECUTIVE SUMMARYFrom January to September 2019, IVA increased 2.1 per cent over the same period last year to reach 14.3 million visitors.

Tourism Receipts (TR) reached $20.5 billion, a marginal decline of 0.5 per cent compared to the same period last year. This was due to lower expenditure in Accommodation, Food & Beverage and Sightseeing, Entertainment and Gaming (SEG), which offset growths in Shopping and Other TR Components.

Gazetted hotel room revenue for January to September 2019 was estimated at $3.1 billion, a year-on-year growth of 3.4 per cent. Average Occupancy Rate (AOR) and Average Room Rate (ARR)

held steady at 87.2 per cent and S$219 respectively, while Revenue Per Available Room (RevPAR) rose slightly by 1.0 per cent to reach S$191.

In the third quarter of 2019 (Q3), IVA grew 3.5 per cent year-on-year to reach 5 million visitors. TR totalled $7.4 billion in Q3 2019, a 3.2 per cent growth over the same period last year. Gazetted hotel room revenue for Q3 2019 came in at an estimated S$1.1 billion, a growth of 6.4 per cent year-on-year.

[Note: International visitor arrivals statistics up to Dec 2019 is now available here.]

2

HIGHLIGHTS

QU

AR

TER

TH

REE

20

19 H

IGH

LIG

HTS

YTD

QU

AR

TER

TH

REE

20

19 H

IGH

LIG

HTS

TOURISMRECEIPTS

S$20.5 billion

S$7.4 billion

year-on-year to reach

year-on-year to reach

TR in YTD Q3 2019 declined marginally by

TR in Q3 2019 increased

-0.5%

+3.2%

INTERNATIONALVISITOR ARRIVALS

year-on-year to reach

year-on-year to reach

14.3 million

5 million

+2.1%

+3.5%

IVA in YTD Q3 2019 increased

IVA in Q3 2019 increased by

S$3.1 billion

S$1.1billion

year-on-year to reach

year-on-year to reach

HOTELINDUSTRY

+3.4%

+6.4%

Gazetted hotel room revenue in YTD Q3 2019

Gazetted hotel room revenue in Q3 2019 grew

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 Disembarkation/Embarkation 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.

Download Monthly International Visitor Arrivals and Hotel statistics:https://www.stb.gov.sg/statistics-and-market-insights/Pages/statistics-Visitor-Arrivals.aspx

TOURISM SECTORPERFORMANCE2019

Q3

3

Tourism Receipts (TR) for the third quarter (Q3 2019) was estimated at S$7.4 billion, a 3.2 per cent growth over the same period last year. There was an increase in expenditures for Shopping (+7%),

Accommodation (+5%) and Other TR Components (+6%), while declines were observed in Food & Beverage (-5%) and Sightseeing, Entertainment & Gaming (-1%).

1All Tourism Receipts estimates are correct as of January 2020.

Source: Disembarkation/Embarkation 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 visitors.

TOURISM RECEIPTS BY MAJOR COMPONENTS1

TOURISM RECEIPTS: S$7.4 BILLION (+3.2% VS Q3 2018)All percentage changes are vs same period in 2018

QUARTER THREE 2019 PERFORMANCE

3

TOURISM RECEIPTS

OTHER TR COMPONENTS

S$2,248m

S$673m

+6%

+5%

SIGHTSEEING, ENTERTAINMENT & GAMING

S$1,505m

SHOPPING

S$1,426m19%

21%

9%

20%

31%

% Share

FOOD & BEVERAGE -5%

ACCOMMODATION

S$1,525m

+7%

-1%

TOURISM SECTORPERFORMANCE2019

Q3

Expenditure is estimated from Overseas Visitors Survey.Other TR components include expenditure on airfares on Singapore-based carriers, port taxes, local transportation, as well as 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), China (S$1,211 million), Indonesia (S$759 million) and India (S$399 million) were the top three TR generating markets in Q3 2019, contributing to 40 per cent of TR (excluding SEG).Among the top 10 TR markets, China, Indonesia and Japan registered the highest absolute year-on-year growths in TR (excluding SEG).

VA % Change

vs Q3 2018

TR % Change

vs Q3 2018Q3 2019 TR*(S$ million)

+4%

+6%

+8%

+2%

+1%

+6%

+18%

+5%

-1%

-4%

-3%

+4%

+14%

+12%

-3%

-2%

+13%

+20%

+4%

-14%

-3%

-11%

Overall

China

Indonesia

India

Australia

Japan

USA

South Korea

Vietnam

Malaysia

UK

5,872

1,211

759

399

380

359

220

201

191

184

176

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

SHOPPING ACCOMMODATION FOOD & BEVERAGE OTHER TR COMPONENTS

p

p

p

p

p

p

p

p

q

q

q

p

p

p

q

q

p

p

p

q

q

q

43%

26%

18%

14%

13%

22%

11%

16%

26%

13%

16%

35%

28%

35%

18%

35%

38%

23%

39%

11%

14%

13%

10%

9%

12%

15%

14%

18%

48%

34%

45%

42%

51%

42%

31%

36%

31%

19% 8% 31%

4

INDONESIA

S$759 million

1 CHINA

S$1,211 million

2

INDIA

S$399 million3

TOURISM RECEIPTS

24% 26%

42%

28%

16%

11%

12%

11%

14%

40%

26%

7%

20%

15%

33%

32%

37%

37%

37%

19%

21%

34%

8%

8%

14%

11%

14%

12%

10%

11%

12%

30%

49%

37%

47%

42%

38%

37%

31%

41%

48%

38%11%

QUARTER THREE 2019 PERFORMANCETOURISM RECEIPTS BY MAJOR COMPONENTS, TOP 10 MARKETSTOURISM RECEIPTS* :S$5.9 BILLION (+4.3% VS Q3 2018)

9%

TOURISM SECTORPERFORMANCE2019

Q3

Tourism Receipts (TR) for January to September reached S$20.5 billion, a marginal decline of 0.5 per cent compared to the same period last year. Growths were observed in Shopping (+3%) and

Other TR Components (+4%), while declines were noted in Accommodation (-7%), Food & Beverage (-5%), and Sightseeing, Entertainment & Gaming (-2%).

Excluding expenditure on Sightseeing, Entertainment & Gaming (SEG), China (S$3,218 million), Indonesia (S$2,260 million) and India (S$1,222 million) were the top three TR generating markets for January to September 2019, contributing 42 per cent of TR (excluding SEG).

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

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

TOURISM RECEIPTS*: S$16.1 BILLION (-0.2% VS JAN-SEP 2018)

JANUARY TO SEPTEMBER 2019 PERFORMANCETOURISM RECEIPTS BY MAJOR COMPONENTS2

TOURISM RECEIPTS BY MAJOR COMPONENTS, TOP 10 MARKETS

Source: Disembarkation/Embarkation 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 visitors.

5

TOURISM RECEIPTS

% Change vs Jan-Sep 2018 Jan - Sep % Share

+3%

-7%

-5%

-2%

+4%

p

q

q

q

p

20%

20%

9%

21%

29%

$4,183

$4,090

$1,848

$4,404

$5,990

SHOPPING

ACCOMMODATION

FOOD & BEVERAGE

SIGHTSEEING, ENTERTAINMENT & GAMING

OTHER TR COMPONENTS

Q1 1,371 Q2 1,386

Q1 1,256 Q2 1,309

Q1 1,457 Q2 1,443

Q1 1,915 Q2 1,827

Q1 588 Q2 586 Q3 673

Q3 1,426

Q3 1,525

Q3 1,505

Q3 2,248

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

TOURISM RECEIPTS: S$20.5 BILLION (-0.5% VS JAN-SEP 2018)

30%

15%

12%

13%

11%

26%

14%

36%

23%

15% 8% 48%

26% 25% 11% 37%

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 visitors.* Sightseeing, Entertainment & Gaming has been excluded in the country analysis due to commercial sensitivity of information.

VA % Change vs

Jan-Sep 2018

TR % Change vs

Jan-Sep 2018

Jan-Sep 2019 TR*

(S$ million)

+2%

+5%

0%

-2%

+1%

+7%

+13%

-1%

+1%

-2%

+6%

0%

+2%

+6%

-9%

0%

+7%

+14%

-16%

+1%

0%

-2%

Overall

China

Indonesia

India

Australia

Japan

USA

Malaysia

South Korea

Vietnam

Philippines

16,111

3,218

2,260

1,222

986

880

630

519

518

507

501

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

SHOPPING ACCOMMODATION FOOD & BEVERAGE OTHER TR COMPONENTS

p

p

q

p

p

p

q

p

q

p

p

p

q

p

p

q

p

q

35%

31%

34%

39%

19%

36%

19%

28%

14%

12%

10%

14%

11%

13%

10%

17%

36%

45%

43%

36%

44%

37%

34%

32%

47% 18% 7% 28%

TOURISM SECTORPERFORMANCE2019

Q3

1,5631,492

1,584 1,5441,471

1,545

1,7331,683

1,4151,467

1,407

1,603

1,6251,499

1,565 1,5971,488

1,802 1,736

1,4631,552

INTERNATIONALVISITOR ARRIVALS

China (2.8 million), Indonesia (2.3 million), India (1.1 million), Malaysia (0.9 million) and Australia (0.8 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 September 2019.

China (5%), USA (13%) and Japan (7%) registered the largest absolute year-on-year growth.

CHINAp+5% 2,847,000INDONESIA0% 2,252,000INDIAq-2% 1,073,000MALAYSIAq-1% 878,000AUSTRALIAp+1% 839,000

Source: Disembarkation/Embarkation Cards* Visitor arrival figures quoted are rounded to the nearest thousands.

1

2

3

4

5

6

Singapore’s international visitor arrivals (IVA) stood at 14.3 million for January to September 2019, a 2.1 per cent year-on-year growth.

IVA 2018 (’000s) IVA 2019 (’000s)

JANUARY TO SEPTEMBER 2019 PERFORMANCEINTERNATIONAL VISITOR ARRIVALS (IVA)JAN-SEP 2019: 14.3 MILLION (+2.1% VS JAN-SEP 2019), VISITOR DAYS: 48.9 MILLION DAYS (+3.4%)

IVA, TOP 15 MARKETS*JAN-SEP 2019: 14.3 MILLION (+2.1% VS JAN-SEP 2018)

100 500300 700200 600400 8000

% Changevs 2018

+7%

+6%

+13%

+1%

-2%

+2%

-5%

0

0

+8%

Japan

Philippines

USA

South Korea

Vietnam

UK

Thailand

Hong Kong SAR

Taiwan

Germany‘000s

p

p

p

p

q

p

q

p

6

7

8

9

10

11

12

13

14

15

662

606

537

487

467

457

383

367

342

281

TOURISM SECTORPERFORMANCE2019

Q3HOTEL INDUSTRY

Gazetted hotel room revenue for Q3 2019 came in at an estimated S$1.1 billion, a growth of 6.4 per cent year-on-year. Average Occupancy Rate (AOR4) was at 91.2 per cent in Q3 2019, a 1.5 percentage point increase compared to the same

quarter last year. Average Room Rate (ARR5) grew by 2.5 per cent to S$226, and Revenue per Available Room (RevPAR6) also rose by 4.2 per cent year-on-year to S$206 in Q3 2019.

HOTEL INDUSTRY3

3 Hotel figures are correct as at 10 February 2020. 4 Standard AOR = [Gross lettings (Room Nights) / Available room nights] x 1005 Standard ARR = [Total room revenue / Gross lettings] x 1006 RevPAR = AOR x ARR

ARR, AOR and RevPAR, Q3 2019

S$ %p % %ptsp S$ %p

Overall 226 p+2.5 91 p+1.5 206 p+4.2

Luxury 472 p+2.7 91 p+0.5 430 p+3.3

Upscale 270 p+3.0 90 q-0.2 242 p+2.8

Mid-tier 175 p+3.7 93 p+2.4 163 p+6.5

Economy 112 p+5.9 90 p+2.3 101 p+8.7

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

QUARTER THREE 2019 PERFORMANCE

S$ %p % %ptsp S$ %p

Overall 219 p+0.5 87 p+0.4 191 p+1.0

Luxury 454 p+1.0 89 p+0.8 401 p+1.9

Upscale 263 p+0.2 86 q-0.7 226 q-0.6

Mid-Tier 169 p+0.7 89 p+1.4 151 p+2.3

Economy 107 p+2.4 84 0.0 91 p+2.4

Average Room Rate (ARR)

ARR, AOR and RevPAR, JANUARY – SEPTEMBER 2019

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

Gazetted hotel room revenue for January to September 2019 was estimated at S$3.1 billion, a 3.4 per cent growth over the same period last year. Average Occupancy Rate (AOR) and Average

Room Rate (ARR) held steady at 87.2 per cent and S$219 respectively, while RevPAR rose slightly by 1.0 per cent to reach S$191.

JANUARY TO SEPTEMBER 2019 PERFORMANCE

7

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 Dec 2019. The current hotel tiers published are based on the hotels’ performance in 2018. 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 - 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

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