Tourists coming back to Singapore, but hotels still suffering

Xinhua News

Singapore in August posted the smallest decline in tourist arrivals so far in 2009, data released Monday by the Tourism Board showed, but the city-state’s hotels continued to suffer from slumping revenues. Visitor arrivals to Singapore reached 844,000 in August, a decline of 0.7 per cent compared with the same month a year earlier.

But hotel revenues were estimated at 125 million Singapore dollars (88 million US dollars), a drop of 24.8 per cent compared with August last year, the board said in a statement.

The average room occupancy rate was at 79.5 per cent in August, a decrease of 0.9 percentage points compared with a year ago.

Singapore’s tourism industry saw business plummet in the first half of 2009 as travellers cut back on their spending because of the global economic crisis.

http://www.earthtimes.org/articles/show/287558,tourists-coming-back…

 

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