Singapore hotels’ average room rate at one-year low in June; tourist arrivals continue falling

SINGAPORE hotels’ average room rate (ARR) fell slightly sequentially in June to the lowest in a year, as international visitor arrivals marked a third straight month of declines, Singapore Tourism Board (STB) data showed on Friday (Aug 2).

ARR in February slipped to S$268.87, down 3.9 per cent from the preceding month’s S$279.87. It was up a marginal 0.4 per cent on the year – the lowest since the year-ago period’s S$267.84.

Other indicators – overall hotel room revenue, revenue per available room (RevPAR) and average occupancy rate – also registered decreases.