A record-breaking August for Singapore
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Indonesia, China, Australia, Japan and India were Singapore’s top five visitor-generating markets accounting for half of total visitor arrivals for the month.
Visitor arrivals from China recorded all-time high of 114,000 visitors in August 2007, beating the previous record of 113,000 set in July 2006.
The monthly statistical bulletin from STB also showed that Singapore gazetted hotels generated S$160 million in room revenue. It was a new record for the month of August.
The Average Room Rate (ARR) in August 2007 was estimated at S$198, almost 30% more than August 2006.
The Average Occupancy Rate (AOR) for hotels was estimated to reach 89% in August 2007, posting a 2.2 percentage point increase over August 2006. Both the ARR and AOR in Aug 07 were record highs for the month of August, the STB said.
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