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Singapore tourist arrivals inch down by 0.6% to 10.2 million
Despite a surge of Chinese tourists.
Dwindling arrival numbers are indicative of the city-state’s ailing tourism sector, with travelers shunning Singapore for more exotic destinations.
According to OCBC, tourist arrivals fell for January-August this year, dragged down by visitors from Indonesia, which dropped by 11.2% and Malaysia which dropped by 4.4%.
The disappointing numbers spoiled the influx of tourists from China, which rose by 19.3% over the same period.
However, OCBC says despite the recent pick-up in arrivals in July-August, the average room rate still fell to 5.4% yoy to around $242.
“Revenue per available room also down 6.1% to $207,” OCBC said.
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