883,000 visitors to Singapore in January

883,000 visitors to Singapore in January
SINGAPORE welcomed 883,000 visitors last month, up 6.9 per cent year on year growth and a January record, according to figures released yesterday by the Singapore Tourism Board (STB).
 

Indonesia, China, Australia, India and Japan were the top five visitor-generating countries, contributing to 52 per cent of visitor arrivals. Among the top 15 visitor-generating markets, China, Australia and India registered the highest growth. Arrivals from China surged 42.3 per cent year on year to 108,000. Arrivals from Australia and India grew 21.3 and 11.3 per cent respectively. The robust economies in these markets, as well as strong promotional campaigns and increased air capacity, helped fuel growth.
 
Gazetted hotels in Singapore collected $175 million in room revenue in January, up 27.9 per cent from $137 million a year earlier. The average room rate for January 2008 hit an all-time high of $237, which represented 30.5 per cent year on year growth. But at 84 per cent, the average occupancy rate last month was 2.3 percentage points down from January 2007.

Source : Business Times  - 27 Feb 2008

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