…
Tourism Receipts (TR) for Quarter Three (Q3) 2011 were estimated at S$6 billion, registering a 12% year-on-year growth. All TR components for Q3 2011 saw year-on-year growth.
International Visitor Arrivals (IVA) for Q3 2011 stood at close to 3.5 million, representing a 15% year-on-year growth.
Gazetted hotel room revenue for Q3 2011 came in at an estimated S$0.7 billion, representing an 18% year-on-year growth. Robust performance in Average Room Rate (ARR) and Average Occupancy Rate (AOR) resulted in a 16% growth in Revenue Per Available Room (RevPAR).
Tourism Performance Quarterly Report – Q3 2011
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
