Singapore gets record high tourists and hotel rates

Singapore - According to recent reports Singapore has just recorded its highest ever volume of travellers in for November as well as the highest room rates in history.

November 2007 saw 837,000 visits to Singapore, the region`s highest ever November record, and is a 4.6% increase on 2006 figures, said the Singapore Tourism Board (STB).

Along with this November average room rates lifted to SGD226 (USD156) a night, an increase of 30% on November 2006 rates and the highest ever seen.

Altogether, Singapore`s hotels managed to record revenues of SGD175.4 million in November, a 24% increase from 2006.

These very positive reports come even though occupancy rates for the month were down 4.2% to 88%.

Key markets which helped to boost numbers in November were China, India, Australia and Malaysia.

Visitor numbers to Singapore for the first 11 months of the year add up to 9.3 million, compared to the 10.2 million the STB hopes to achieve for the full year.

Source: www.etravelblackboard.com (28 Desember 2007)
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