tourism sector performance · china (s$1,993 million), indonesia (s$1,490 million) and india (s$817...

Q2 2019 Report

TOURISMSECTORPERFORMANCE

EXECUTIVE SUMMARYIn the first half of 2019, International Visitor Arrivals (IVA) increased 1.3 per cent over the same period last year to reach 9.3 million visitors.

Tourism Receipts (TR) reached $13.1 billion, a decline of 3.0 per cent compared to the same period last year. This was due to lower expenditures across some components including Accommodation, Food & Beverage and Sightseeing, Entertainment and Gaming (SEG) even though Shopping and Other TR Components grew.

Gazetted hotel room revenue was estimated at $1.9 billion for 1H2019, a year-on-year growth of 1.7 per cent. Average

Occupancy Rate (AOR) and Average Room Rate (ARR) held steady at 85 per cent and S$215 respectively, while Revenue Per Available Room (RevPAR) declined slightly by 0.9 per cent to reach S$183.

In the second quarter of 2019 (Q2), IVA grew 1.7 per cent year-on-year to reach 4.6 million visitors. TR declined a 1.3 per cent over the same period last year to reach $6.5 billion. Gazetted hotel room revenue for Q2 2019 held steady at an estimated S$1.0 billion.

[Note: International visitor arrivals statistics up to Aug 2019 is now available here.]

NOTE TO EDITORSThis 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/content/stb/en/statistics-and-market-insights/tourism-statistics/international-visitorarrivals.html

2

TOURISM SECTORPERFORMANCE2019

Q2

QUARTER TWO 2019 HIGHLIGHTS

TOURISMRECEIPTS

S$6.5 billion

year-on-year to reach

TR in Q2 2019 declined by

-1.3%

INTERNATIONALVISITOR ARRIVALS


4.6 million

+1.7%

IVA in Q2 2019 increased by

S$1.0 billion


HOTELINDUSTRY

-0.1%

Gazetted hotel room revenue in Q2 2019 held steady at

https://www.stb.gov.sg/content/stb/en/statistics-and-market-insights/tourism-statistics/international-visitorarrivals.html

Source: Disembarkation/Embarkation Cards and Overseas Visitors 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, as well as expenditure by business, medical, education and transfer/ transit visitors.

OTHER TR COMPONENTS

S$1,786m

ACCOMMODATION

S$1,309m -13%

S$586m -3%

0%

SIGHTSEEING, ENTERTAINMENT & GAMING

S$1,443m -1%

SHOPPING

S$1,386m +11%

3

Tourism Receipts (TR) for the second quarter (Q2 2019) was estimated at S$6.5 billion, a 1.3 per cent decline over the same period last year. There was an increase in Shopping expenditure (+11%) while declines were observed for

Accommodation (-13%), Food & Beverage (-3%) and Sightseeing, Entertainment & Gaming (-1%). Other TR Components (0%) held steady in the same period.

1 All Tourism Receipts estimates are correct as of October 2019.

TOURISM RECEIPTS BY MAJOR COMPONENTS1

TOURISM RECEIPTS: S$6.5 BILLION (-1.3% VS Q2 2018)All percentage changes are vs same period in 2018

QUARTER TWO 2019 PERFORMANCE

21%

20%

9%

22%

27%

% Share

3

TOURISM RECEIPTS

FOOD & BEVERAGE


Q2

Expenditure is estimated from Overseas Visitors Survey.Other TR components include expenditure on airfares on Singapore-based carriers, port taxes, local transportation, as well as expenditure by business, medical, education and transfer/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$897 million), Indonesia (S$757 million) and India (S$478 million) were the top three TR generating markets in Q2 2019, contributing to 42 per cent of TR (excluding SEG).Among the top 10 TR markets, Vietnam, Philippines and USA registered the highest absolute year-on-year growth in TR (excluding SEG).

TOURISM RECEIPTS BY MAJOR COMPONENTS, TOP 10 MARKETSTOURISM RECEIPTS* :S$5.1 BILLION (-1.4% VS Q2 2018)

VA % Change

vs Q2 2018

TR % Change

vs Q2 20182019 TR*

(S$ million)

+2%

+7%

-4%

-6%

+3%

+15%

+7%

+12%

-3%

0%

-7%

-1%

-10%

-3%

-16%

0%

+1%

+12%

+6%

+19%

-7%

+7%

Overall

China

Indonesia

India

Australia

Japan

Philippines

USA

Vietnam

Malaysia

Thailand

5,067

897

757

478

299

231

204

190

184

174

152

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

SHOPPING ACCOMMODATION FOOD & BEVERAGE OTHER TR COMPONENTS

p

p

q

q

p

p

p

p

q

q

q

q

q

q

p

p

p

p

q

p

27% 26% 12% 35%

51%

33%

14%

12%

15%

21%

11%

31%

25%

31%

16%

37%

31%

36%

32%

39%

19%

20%

28%

8%

14%

13%

9%

18%

15%

9%

12%

13%

43%

36%

44%

40%

29%

36%

41%

43%

27%

17% 6% 26%

4

TOURISM RECEIPTS

INDONESIA

S$757 million

1 CHINA

S$897 million

2

INDIA

S$478 million3


Q2

Tourism Receipts (TR) for January to June reached S$13.1 billion, a decline of 3.0 per cent compared to the same period last year. While there was growth in Shopping (+2%) and Other TR Components

(+1%), declines were observed in Accommodation (-13%), Food & Beverage (-5%), and Sightseeing, Entertainment & Gaming (-2%).

Excluding expenditure on Sightseeing, Entertainment & Gaming (SEG), China (S$1,993 million), Indonesia (S$1,490 million) and India (S$817 million) were the top three TR generating markets for January to June 2019, contributing 42 per cent of TR (excluding SEG).

Among the top 10 TR markets, USA, Vietnam and Indonesia registered the highest absolute year-on-year growth in TR (excluding SEG).

Expenditure is estimated from Overseas Visitors 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 estimates are correct as at October 2019.

TOURISM RECEIPTS BY MAJOR COMPONENTS, TOP 10 MARKETSTOURISM RECEIPTS* :S$10.2 BILLION (-3.4% VS JAN-JUN 2018)

JANUARY TO JUNE 2019 PERFORMANCE

TOURISM RECEIPTS BY MAJOR COMPONENTS2

TOURISM RECEIPTS:S$13.1 BILLION (-3.0% VS JAN-JUN 2018)

% Changevs 2018

+2%

-13%

-5%

-2%

+1%

p

q

q

q

p

VA % Change

vs 1H 2018

TR % Change

vs 1H 20182019 TR*

(S$ million)

+1%

+5%

-3%

-3%

+1%

+8%

+10%

+6%

0%

-1%

-2%

-3%

-5%

+2%

-12%

0%

+3%

+11%

-2%

-22%

-1%

+10%

Overall

China

Indonesia

India

Australia

Japan

USA

Philippines

Malaysia

South Korea

Vietnam

10,157

1,993

1,490

817

601

517

407

333

330

315

313

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

SHOPPING ACCOMMODATION FOOD & BEVERAGE OTHER TR COMPONENTS

p

p

q

q

p

p

p

p

q

q

q

q

p

q

p

p

q

q

q

p

27% 25% 12% 36%

51%

31%

15%

13%

14%

11%

22%

26%

14%

34%

14%

37%

31%

33%

40%

30%

18%

36%

19%

8%

14%

13%

11%

14%

17%

11%

14%

10%

47%

34%

44%

43%

35%

31%

45%

37%

36%

17% 6% 26%

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.

Jan-Jun % Share

21%

20%

9%

22%

28%

$2,757

$2,565

$1,175

$2,899

$3,660

S$ Millions 0 1,000 2,000 3,000 4,000

Q1 1,371 Q2 1,386

Q1 1,256 Q2 1,309

Q1 1,457 Q2 1,443

Q1 1,874 Q2 1,786

Q1 588 Q2 586

SHOPPING

ACCOMMODATION

FOOD & BEVERAGE

SIGHT SEEING, ENTERTAINMENT & GAMING

OTHER TR COMPONENTS

5

TOURISM RECEIPTS


Q2

INTERNATIONALVISITOR ARRIVALS

China (1.8 million), Indonesia (1.5 million), India (0.7 million), Malaysia (0.6 million) and Australia (0.5 million) were Singapore’s top five international visitor-generating markets in 2019. These markets accounted for 56 per cent of total IVA in January to June 2019.

China (+5%), USA (+10%) and Japan (+8%) registered the largest absolute year-on-year growth.

% Change vs Q2 2018

+6%

+8%

+10%

+5%

-1%

-2%

-7%

+2%

-2%

+15%

+1%

Philippines

Japan

USA

UK

South Korea

Vietnam

Thailand

Hong Kong SAR

Taiwan

Germany

Others

0 500 1,000 1,500‘000s

p

p

p

p

q

q

q

p

q

p

p

IVA, TOP 15 MARKETS

CHINAp+5% 1,812,000INDONESIAq-3% 1,492,000INDIAq-3% 747,000MALAYSIA

0% 587,000AUSTRALIAp+1% 538,000

Source: Disembarkation/Embarkation Cards

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

408

401

361

312

311

285

252

228

207

203

1,178

JAN-JUN 2019: 9.3 MILLION (+1.3% VS JAN-JUN 2018)

6


INTERNATIONAL VISITOR ARRIVALS (IVA)JAN-JUN 2019: 9.3 MILLION (+1.3% VS JAN-JUN 2018), VISITOR DAYS: 31.7 MILLION DAYS (+2.5%)

Singapore’s international visitor arrivals (IVA) stood at 9.3 million for January to June 2019, a 1.3 per cent year-on-year growth.

IVA 2018 (’000s) IVA 2019 (’000s)


Q2

1,584

1,5441,471

1,5451,565

1,597

1,4881,551

1,492

1,499

1,563

1,625

HOTEL INDUSTRY

Gazetted hotel room revenue for Q2 2019 held steady at an estimated S$1.0 billion. Average Occupancy Rate (AOR4)held steady at 85 per cent while Average Room Rate (ARR5)

declined by 1.0 per cent to reach $211. Revenue per Available Room (RevPAR6) declined by 1.0 per cent year-on-year to S$178 in Q2 2019.

HOTEL INDUSTRY3

S$ % % %pts S$ %

Overall 211 q -1.0 85 0.0 178 q -1.0

Luxury 434 p +0.1 86 p +0.8 373 p +1.0

Upscale 255 q -0.8 82 q -0.8 209 q -1.7

Mid-tier 165 q -0.5 87 p +1.1 143 p +0.8

Economy 105 q -1.2 82 q -1.3 86 q -2.8

Average Room Rate (ARR)

ARR, AOR and RevPAR, Q2 2019

Average Occupancy Rate (AOR) Revenue Per Available Room (RevPAR)


S$ % % %pts S$ %

Overall 215 q -0.8 85 q -0.2 183 q -0.9

Luxury 443 p +0.1 87 p +0.8 386 p +1.0

Upscale 258 q -1.3 84 q -0.9 217 q -2.4

Mid-tier 166 q -1.0 87 p +0.9 145 0.0

Economy 105 p +0.4 82 q -1.4 85 q -1.3

Average Room Rate (ARR)

ARR, AOR and RevPAR, JANUARY – JUNE 2019

Average Occupancy Rate (AOR) Revenue Per Available Room (RevPAR)

Gazetted hotel room revenue for January to June 2019 was estimated at S$1.9 billion, a 1.7 per cent growth over the same period last year. AOR held steady at 85 per cent while ARR

declined marginally by 0.8 per cent to reach $215. RevPAR declined slightly by 0.9 per cent to reach $183.


7


Q2

7

+65 6736 6622 +65 6736 9423 stb.gov.sgTourism Court 1 Orchard Spring Lane Singapore 247729

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.

Figures for the hotel industry are preliminary estimates, based on returns as at 26 Jun 2019. The current hotel tiers published are based on the hotels’ performance in 2017. The response rate across the tiers may vary.

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

3 Hotel figures are accurate as at 16 October 20194 Standard AOR = [Gross lettings (Room Nights) / Available room nights] x 1005 Standard ARR = [Total room revenue / Gross lettings] x 1006 RevPAR = AOR x ARR

tourism sector performance · china (s$1,993 million), indonesia (s$1,490 million) and india (s$817...

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