Marina Bay Sands’ scale, success and bold expansion are a blessing and a curse for Singapore’s hotel sector
The integrated resort is outperforming the industry and its growth will augment its leading position
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SINGAPORE] The picture for Singapore’s hotel sector in the second quarter was not pretty. However, the sector’s performance in July showed improvement from the year-ago period.
In Q2 2025, the Republic’s hotels posted an average room rate (ARR) of S$263.83, down 1.1 per cent from the year-ago period’s S$266.89, according to Singapore Tourism Board (STB) data.
Average occupancy rate for hotels here slipped from 78.2 per cent in Q2 2024 to 77.8 per cent in the second quarter. As such, revenue per available room (RevPAR) fell 1.7 per cent to S$205.15 in Q2 2025, from S$208.77 in Q2 2024.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025