TOURISM
SECTOR
PERFORMANCE
Q2 2016 Report
TOURISM
SECTOR
PERFORMANCE
Q2
2016
EXECUTIVE
SUMMARY
The tourism sector continued to grow in the first half of
2016. From January to June 2016, International Visitor
Arrivals (IVA) increased 13 per cent over the same period
last year to reach 8.2 million visitors. Tourism Receipts
(TR) also grew by 12 per cent to reach $11.6 billion.
The strong growth in 1H 2016 TR was on the back of
higher expenditure in Shopping, Accommodation and
Food & Beverage. This helped to offset the fall in
Sightseeing, Entertainment & Gaming (SEG) that was
due largely to a decline in gaming revenue as reported
by the integrated resorts.
Despite higher Average Occupancy Rate (AOR), the
Revenue per Available Room (RevPar) declined by 2.4
per cent year-on-year due to a lower Average Room Rate
(ARR).
In the second quarter of 2016 (Q2), IVA grew 11 per cent
year-on-year to reach 4 million visitors. TR in Q2 2016
grew 20 per cent over the same period last year to reach
$6.1 billion. Gazetted hotel room revenue for Q2 2016
came in at an estimated S$0.8 billion, a 2.1 per cent
year-on-year increase.
Gazetted hotel room revenue was estimated at $1.6 billion
for 1H 2016, a year-on-year growth of 3.2 per cent.
Note: International visitor arrivals statistics up to August
2016 is now available here.
QUARTER TWO
2016 HIGHLIGHTS
TOURISM
RECEIPTS
TR in Q2 2016 grew by
20%
year-on-year to reach
S$6.1
billion.
INTERNATIONAL
VISITOR
ARRIVALS
HOTEL
INDUSTRY
IVA in Q2 2016
increased by
Gazetted hotel room revenue in
Q2 2016 grew by
11%
2.1%
year-on-year to reach
4.0
million
visitors.
NOTE TO EDITORS
year-on-year to reach
S$0.8
billion.
This quarterly report provides a summary of key statistics on tourism receipts, international visitor arrivals and gazetted hotels. The analysis in this report is based
on data from a variety of sources, including Disembarkation/Embarkation cards, the Overseas Visitors Survey (OVS) and the monthly hotel returns from gazetted
hotels. Data derived from the OVS are subject to sampling error. Users are advised to exercise discretion when drawing any conclusions or inferences, or taking
any action, based on the data. Data is correct as at the time of publishing.
Download Monthly International Visitor Arrivals and Hotel statistics:
https://www.stb.gov.sg/statistics-and-market-insights/Pages/statistics-Visitor-Arrivals.aspx
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TOURISM
SECTOR
PERFORMANCE
TOURISM
RECEIPTS
Q2
2016
1
QUARTER TWO
2016 PERFORMANCE
TOURISM RECEIPTS BY MAJOR COMPONENTS, Q2 20161
TOURISM RECEIPTS:$6.1 BILLION (+20% VS Q2 2015)
All percentage changes are vs same period in 2015
SHOPPING
S$1,513m
% Share
25%
23%
13%
18%
21%
65%
ACCOMMODATION
30%
S$1,416m
FOOD &
BEVERAGE
41%
S$762m
SIGHTSEEING,
ENTERTAINMENT &
GAMING
-11%
S$1,082m
OTHER TR COMPONENTS
S$1,283m
Tourism Receipts (TR) for the second quarter (Q2 2016)
was estimated at S$6.1 billion, a 20 per cent growth over
the same period last year. Shopping (+65%), Accommodation
1%
(+30%) and Food & Beverage (+41%) expenditures grew,
while Sightseeing, Entertainment & Gaming expenditure
declined (-11%).
Source: Disembarkation/Embarkation Cards and Overseas Visitor Survey
- Sightseeing, Entertainment & Gaming includes entrance fees to attractions and nightspots, expenditure on day-tours, leisure events as well as entertainment at the Integrated Resorts.
- Other TR components include expenditure on airfares on Singapore-based carriers, port taxes, local transportation, business, medical, education and transit visitors.
1
All Tourism Receipts estimates are correct as at October 2016.
3
TOURISM
SECTOR
PERFORMANCE
TOURISM
RECEIPTS
Q2
2016
1
QUARTER TWO
2016 PERFORMANCE
TOURISM RECEIPTS BY MAJOR COMPONENTS, TOP 10 MARKETS, Q2 2016
01
CHINA
S$645m INDONESIA
02
S$450m INDIA
S$882m
03
Excluding expenditure on Sightseeing, Entertainment &
Gaming (SEG), China (S$882 million), Indonesia (S$645
million) and India (S$450 million) were the top three TR
generating markets in Q2 2016, contributing 40 per cent of
TR (excluding SEG).
Among the top 10 TR markets, China, India and Indonesia
registered the highest absolute year-on-year growth in TR
(excluding SEG).
TOURISM RECEIPTS BY MAJOR COMPONENTS, TOP 10 MARKETS, Q2 20162
TOURISM RECEIPTS:$6.1 BILLION (+20% VS Q2 2015)
VA %
Change
vs 2015
TR %
Change
vs 2015
p +14%
p +30%
Overall
p +65%
p +63%
China
p +4%
p +19%
Indonesia
p +10%
p +37%
India
q -2%
p +26%
Australia
p +4%
p +25%
Japan
p +5%
p +13%
Phillipines
q -3%
p +29%
Malaysia
p +5%
p +17%
USA
p +14%
q
-3%
Thailand
p +6%
p +19%
South Korea
SHOPPING
ACCOMMODATION
FOOD & BEVERAGE
30%
28%
24%
39%
19%
29%
26%
24%
0%
10%
20%
30%
15%
28%
450
15%
15%
36%
12%
60%
209
189
29%
17%
50%
216
26%
33%
40%
268
30%
20%
41%
26%
645
14%
21%
19%
29%
36%
35%
34%
882
22%
13%
16%
31%
20%
4,973
8%
21%
18%
26%
15%
46%
37%
OTHER TR COMPONENTS
2016 TR
excl SEG*
(S$ million)
70%
145
23%
142
26%
141
28%
80%
90%
100%
Expenditure is estimated from Overseas Visitor Survey.
Other TR components include expenditure on airfares on Singapore-based carriers, port taxes, local transportation, business, medical, education and transit visitors.
* Sightseeing, Entertainment & Gaming has been excluded in the country analysis due to commercial sensitivity of information.
2
All tourism receipts are correct as at October 2016.
4
TOURISM
SECTOR
PERFORMANCE
TOURISM
RECEIPTS
Q2
2016
1
JANUARY TO JUNE
2016 PERFORMANCE
TOURISM RECEIPTS BY MAJOR COMPONENTS, JANUARY-JUNE 20163
TOURISM RECEIPTS:$11.6 BILLION (+12% VS JAN-JUN 2015)
% Change
vs 2015
2016 TR
S$ Million % Share
p +44%
SHOPPING
p +25%
ACCOMMODATION
p +28%
FOOD & BEVERAGE
q -17%
SIGHT SEEING,
ENTERTAINMENT & GAMING
p +1%
OTHER TR
COMPONENTS
Q1
1200
Q1
Q1
Q2
1,416
762
Q2
1,082
1,373
0
1,513
Q2
1,079
Q1
S$ Millions
1,317
607
Q1
Q2
Q2
1,283
1,000
2,000
2,713
23%
2,733
23%
1,368
12%
2,161
19%
2,656
23%
3,000
Source: Disembarkation/Embarkation Cards and Overseas Visitors Survey
– Sightseeing, Entertainment & Gaming includes entrance fees to attractions and nightspots, expenditure on day-tours, leisure events and entertainment at the Integrated Resorts.
– Other TR components include expenditure on airfares on Singapore-based carriers, port taxes, local transportation, business, medical, education and transit visitors.
Tourism Receipts (TR) for January to June were estimated at
S$11.6 billion, a 12 per cent growth over the same period last
year. Shopping (+44%), Accommodation (+25%) and Food &
Beverage (+28%) expenditures grew, while Sightseeing,
Entertainment & Gaming expenditure declined (-17%) in the first
half of 2016.
TOURISM RECEIPTS BY MAJOR COMPONENTS, TOP 10 MARKETS, JANUARY-JUNE 2016
TOURISM RECEIPTS:$11.6 BILLION (+12% VS JAN-JUN 2015)
VA %
Change
vs 2015
TR %
Change
vs 2015
p +13%
p +22%
Overall
p +55%
p +43%
China
p +7%
p +15%
Indonesia
p +10%
p +41%
India
18%
0%
p +19%
Australia
19%
p +4%
p +16%
Japan
p +7%
p +16%
Phillipines
q -2%
p +17%
Malaysia
p +5%
p +15%
South Korea
p +2%
p +11%
USA
p +16%
p
+2%
Thailand
SHOPPING
ACCOMMODATION
FOOD & BEVERAGE
29%
29%
24%
16%
27%
0%
10%
20%
30%
40%
50%
60%
343
31%
30%
307
18%
24%
299
15%
24%
289
14%
34%
361
26%
14%
42%
485
32%
19%
35%
534
37%
36%
21%
759
28%
13%
22%
1,242
34%
16%
32%
1,727
24%
15%
28%
33%
9,470
9%
39%
19%
26%
12%
20%
24%
2016 TR*
(S$ million)
14%
43%
34%
OTHER TR COMPONENTS
70%
80%
90%
100%
Expenditure is estimated from Overseas Visitor Survey.
– Other TR components include expenditure on airfares on Singapore-based carriers, port taxes, local transportation, business, medical, education and transit visitors.
* Sightseeing, Entertainment & Gaming has been excluded in the country analysis due to commercial sensitivity of information.
Excluding expenditure on Sightseeing, Entertainment & Gaming
(SEG), China (S$1,727 million), Indonesia (S$1,242 million) and
India (S$759 million) were the top three TR generating markets
for January to June 2016, contributing 39 per cent of TR (excluding
SEG).
3
All Tourism Receipts estimates are correct as at October 2016.
Among the top 10 TR markets, China, Indonesia and India
registered the highest absolute year-on-year growth in TR
(excluding SEG).
5
TOURISM
SECTOR
PERFORMANCE
INTERNATIONAL
VISITOR ARRIVALS
Q2
2016
2
JANUARY TO JUNE
2016 PERFORMANCE
INTERNATIONAL VISITOR ARRIVALS, JANUARY-JUNE 20164
JAN-JUN 2016: 8.2 MILLION (+13% VS JAN-JUN 2015)
VISITOR DAYS: 28.0 MILLION DAYS (+4%)
IVA 2016 (’000s)
1,412
1,335
13%
IVA 2015 (’000s)
1,404
1,393
17%
1,189
1,356
15%
12%
1,253
% Change vs 2015
In the first half of 2016, Singapore’s international visitor arrivals
(IVA) continued to see consecutive months of year-on-year growth.
7%
1,223
1,209
1,202
1,269
11%
1,185
IVA stood at 8.2 million for January to June 2016, a 13 per cent
year-on-year growth.
INTERNATIONAL VISITOR ARRIVALS, TOP 15 MARKETS, JANUARY-JUNE 2016
JAN-JUN 2016: 8.2 MILLION (+13% VS JAN-JUN 2015)
1
2
3
4
5
CHINA
p+55%
INDONESIA
p+7%
INDIA
p+10%
MALAYSIA
q-2%
AUSTRALIA
0%
% Change
vs 2015
1,473,000
1,413,000
573,000
553,000
493,000
6. Japan
7. Philippines
4
p +5%
303
9. Thailand
p +16%
283
10. Hong Kong SAR
q -2%
268
11. USA
p +2%
261
12. UK
p +5%
249
13. Vietnam
229
p +11%
14. Taiwan
206
p +14%
15. Germany
p +30%
170
0
China (1,473,000), Indonesia (1,413,000), India (573,000),
Malaysia (553,000) and Australia (493,000) were Singapore’s
top five international visitor-generating markets in 2016. These
markets accounted for 55 per cent of total IVA in January to June
2016.
p +7%
358
8. South Korea
Source: Disembarkation/Embarkation Cards
p +4%
366
100
200
300
400
500
‘000s
China (+55%), Indonesia (+7%) and India (+10%) registered the
largest absolute year-on-year growth while Malaysia (-2%) and
Hong Kong (-2%) posted year-on-year declines.
Visitor arrival figures quoted are rounded to the nearest thousands.
6
TOURISM
SECTOR
PERFORMANCE
HOTEL
INDUSTRY
Q2
2016
3
QUARTER TWO
2016 PERFORMANCE
the same quarter last year while Average Room Rate (ARR6)
declined by 3.8 per cent to S$230 in Q2 2016. Revenue per
Available Room (RevPAR7) slipped 3.3 per cent year-on-year
to S$191 in Q2 2016 due mainly to a lower ARR.
Gazetted hotel room revenue for Q2 2016 came in at an
estimated S$0.8 billion, an increase of 2.1 per cent year-onyear. Average Occupancy Rate (AOR5) came in at 83 per cent
in Q2 2016, a 0.4 percentage point increase compared with
ARR, AOR and RevPAR, Q2 2016
Average Room Rate (ARR)
Overall $
% Average Occupancy Rate (AOR)
%
%pts Revenue Per Available Room (RevPAR)
$
%
230
q
-3.883p
+0.4
191
q
-3.3
348
q-2.3
Luxury 421
q
-2.082q
-0.3
Upscale 257
q
-0.683q
-0.3215 q
-1.0
Mid-tier 171
q
-2.284p
+1.2144 q
-0.8
Economy
100
q
-3.180p
+0.781 q
-2.3
JANUARY TO JUNE
2016 PERFORMANCE
percentage points to 84 per cent while ARR fell 3.2 per cent to
S$235. RevPAR fell by 2.4 per cent to S$197, mainly due again
to a lower ARR.
Gazetted hotel room revenue for January to June 2016 was
estimated at S$1.6 billion, a 3.2 per cent growth over the same
period last year. In the first half of 2016, AOR increased by 0.7
ARR, AOR and RevPAR, January – June 2016
Average Room Rate (ARR)
$
% Average Occupancy Rate (AOR)
%
%pts Revenue Per Available Room (RevPAR)
$
235
q
-3.284p
+0.7
Luxury 432
q
-1.9
Upscale 262
p
+0.585
0
Mid-tier 172
q
-1.579p
+1.8146 p
+0.7
Economy
101
q
-2.384p
+0.879 q
-1.3
85 197
%
Overall q
-2.4
q
-0.2364 q
-2.1
222
p
+0.4
Standard AOR = [Gross lettings (Room Nights) / Available room nights] x 100
Standard ARR = [Total room revenue / Gross lettings] x 100
7
RevPAR = AOR x ARR
5
6
NOTE:
The hotel tiering system is a reference system developed by the Singapore
Tourism Board (STB) to categorise the different hotels in Singapore into tiers
based on a combination of factors that include average room rates, location
and product characteristics.
Luxury – Includes hotels in the luxury segment and are
predominantly in prime locations and/or in historical
buildings
Upscale – Includes hotels in the upscale segment and are generally
in prime locations or hotels with boutique positioning in
prime or distinctive locations
Mid-Tier – Includes hotels in the mid-tier segment and are primarily
located in prime commercial zones or immediately
outlying areas
Economy – Includes hotels in the budget segment and are generally
located in outlying areas
Figures for the hotel industry are preliminary estimates, based on returns as
at 26 September 2016. The current hotel tiers published are based on the
hotels’ performance in 2015. The response rate across the tiers may vary.
Tourism Court 1 Orchard Spring Lane Singapore 247729
+65 6736 6622
+65 6736 9423
stb.gov.sg
7