STR: Preliminary June data for Singapore hotels
STR: Preliminary June data for Singapore hotels
12 JULY 2017 7:27 AM

STR preliminary data shows Singapore hotels reported mixed performance in June. Occupancy rose 4.1% to 78.9%, ADR declined 2.5% to 258.03 Singapore dollars ($187.07) and RevPAR increased 1.5% to SG$203.62 ($147.60).

LONDON—STR’s preliminary June 2017 data for Singapore indicates higher occupancy levels and lower rates.

Based on daily data from June, Singapore reported the following in year-over-year comparisons:

  • Supply: +2.3%
  • Demand: +6.5%
  • Occupancy: +4.1% to 78.9%
  • Average daily rate (ADR): -2.5% to SGD258.03
  • Revenue per available room (RevPAR): +1.5% to SGD203.62

The absolute ADR and RevPAR levels would be the lowest for a June in Singapore since 2010. The country has posted year-over-year declines in ADR each month since February 2016, which STR analysts attribute to growing hotel supply and economic challenges.

STR analysts also note that Singapore’s strong demand for the month was likely boosted by an 11-day calendar shift in Ramadan. With an earlier Eid Mubarak, the usual influx in foreign visitors from key tourism source markets like Indonesia occurred in June as opposed to July.

STR will release actual June 2017 results later this month.

Media Contacts:

Alex Anstett
Media & Communications Coordinator
+44 (0)207 922 1979

Naureen Ahmed
Director of Marketing, Research & Analysis
+44 (0)207 922 1965

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editor-in-Chief Stephanie Ricca at 

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.