SINGAPORE: More tourists visited Singapore in the first quarter of 2018 compared to the same period last year, but there was a slight decline in tourism revenues, according to a Singapore Tourism Board (STB) report released on Friday (Aug. 24 ).
International visitors to Singapore increased year-on-year by 7.3 percent to 4.6 million. Visitors from the top four markets – China, Indonesia, India and Malaysia – increased compared to the same period last year.
The largest number of visitors in the first quarter of the year came from China (933,000), Indonesia (747,000), India (295,000), Malaysia (282,000) and Australia (265,000) – accounting for 54 percent of total international visitor arrivals.
India saw the fastest growth in these markets, with a 22 percent increase in visitor numbers in the first quarter of 2018 compared to the same period last year.
However, the figures for Australia decreased by 3 percent compared to the same period last year.
Despite the increasing number of visitors, the tourist contribution fell by 0.5 percent in the first quarter of 2018 to S $ 6.7 billion, due to lower spending in shops, accommodation and food and drink, among other things.
Meanwhile, hotel room revenue grew by 8.5 percent in the first quarter to S $ 1 billion.
Sales per available room rose by 4 percent year-on-year to S $ 191 due to a higher average room rate and average occupancy rate, according to STB's report.