TOURISM SECTOR PERFORMANCE - 2020 Report

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TOURISM
SECTOR
PERFORMANCE
2020 Report
2020 TOURISM SECTOR
     PERFORMANCE

EXECUTIVE SUMMARY
The tourism sector in 2020 recorded declines in International Visitor Arrivals (IVA) and Tourism Receipts (TR) amid the COVID-19
pandemic. From January to December 2020, IVA declined 85.7 per cent over the same period last year to 2.7 million visitors.

TR is at S$4.8 billion, a decline of 82.6 per cent compared to the same period last year. The decrease in TR can be observed
across all components.

Gazetted hotel room revenue for 2020 is at S$1.2 billion, a year-on-year decline of 71.2 per cent. Average Occupancy Rate
(AOR) dropped by 30.2 percentage points to 56.7 per cent while Average Room Rate (ARR) declined 31.3 per cent to S$152,
resulting in a 55.2 per cent decline in RevPAR to S$86.

[Note: International visitor arrivals statistics up to March 2021 is now available here.]

2020 HIGHLIGHTS

                        TOURISM                                       INTERNATIONAL                                              HOTEL
                        RECEIPTS                                     VISITOR ARRIVALS                                          INDUSTRY

                        TR in 2020                                          IVA in 2020                             Gazetted hotel room revenue
                        declined by                                         declined by                                 in 2020 declined by

                      -82.6%                                             -85.7%                                            -71.2%
                       year-on-year to                                    year-on-year to                                   year-on-year to

                     S$4.8                                              2.7                                               S$1.2
                     billion                                           million                                            billion

NOTES
This quarterly report provides a summary of key statistics on tourism receipts, international visitor arrivals and gazetted hotels. The analysis in this report is based
on data from a variety of sources, including SG Arrival Cards (SGAC), Disembarkation/Embarkation (DE) Cards, the Overseas Visitors Survey (OVS) and the
monthly hotel returns from gazetted hotels. Data derived from the OVS are subject to sampling error. Users are advised to exercise discretion when drawing any
conclusions or inferences, or taking any action, based on the data. Data is correct as at the time of publishing.

                                             Interact with International Visitor Arrivals and Hotel Data at:
                                             stan.stb.gov.sg

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2020 TOURISM SECTOR
      PERFORMANCE
                                                                                                                                                   TOURISM RECEIPTS

 2020 PERFORMANCE

 TOURISM RECEIPTS BY MAJOR COMPONENTS1
 TOURISM RECEIPTS: S$4.8BILLION (-82.6% VS 2019)

                             Q1                              Q2                           Q3                              Q4

% Change vs
   2019                                                                                                                                                   2020 TR      % Share

                            SHOPPING
                                                                    S$8m
 q-88%
                            S$656m                                  S$11m
                                                                    S$28m                                                                                 $703             15%

                                                                                       S$13m
 q-82%
                            ACCOMMODATION

                            S$862m                                                     S$31m                                                             $1,022            21%
                                                                                       S$117m

                            FOOD & BEVERAGE          S$14m
 q-82%
                            S$376m                   S$22m                                                                                                $454             9%
                                                     S$42m

                            SIGHTSEEING, ENTERTAINMENT & GAMING                  S$5m
 q-84%
                            S$858m                                               S$46m                                                                    $951             20%
                                                                                 S$42m

                            OTHER TR COMPONENTS                                                                                 S$118m
 q-79%                      S$1,278m                                                                                            S$139m                   $1,700            35%
                                                                                                                                S$166m

 Source: Disembarkation/Embarkation Cards, SG Arrival Cards and Overseas Visitors Survey
 - Sightseeing, Entertainment & Gaming includes entrance fees to attractions and nightspots, expenditure on day-tours, leisure events as well as entertainment at the
   Integrated Resorts.
 - Other TR components include expenditure on airfares on Singapore-based carriers, port taxes, local transportation, business, medical and education-related items, and
   by transit/transfer visitors, as well as COVID-19 related costs.

 Tourism Receipts (TR) for 2020 is at S$4.8 billion, a 82.6 per                          components – Shopping (-88%), Accommodation (-82%), F&B
 cent decline over the same period last year due to the impact                           (-82%), SEG (-84%) and Other TR Components (-79%).
 of COVID-19. Declines were recorded across all major

 1
     All Tourism Receipts estimates are correct as of April 2021.

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2020 TOURISM SECTOR
     PERFORMANCE
                                                                                                                                                                               TOURISM RECEIPTS

2020 PERFORMANCE

TOURISM RECEIPTS BY MAJOR COMPONENTS,
TOP 10 MARKETS
TOURISM RECEIPTS* : S$3.9 BILLION (-82.1% VS 2019)

                                                                                                         1
                                                                                                                       MAINLAND CHINA
Excluding expenditure
on Sightseeing,
                                                                                                                       S$624 million
Entertainment &
Gaming         (SEG),
Mainland China

                                                                                                                                 2
(S$624 million),
Indonesia (S$562
million) and India                                                                                                                             INDONESIA
(S$291 million) were
the top three TR
generating markets for
                                                                                                                                        S$562 million
in 2020, contributing to
41 per cent of TR
(excluding SEG), with
most coming from the
earlier part of the year

                                                                                                              3
pre-COVID.                                                                                                                   INDIA

                                                                                                                             S$291 million

          TR % Change                                                                                                                                                                      2020 TR*
            vs 2019                                     SHOPPING                  ACCOMMODATION                    FOOD & BEVERAGE                    OTHER TR COMPONENTS                 (S$ million)

            q -82%                       Overall             18%                         26%                     12%                                44%                                       3,879

            q -85%             Mainland China                          33%                               21%                8%                         38%                                     624

            q -82%                    Indonesia                20%                   15%            8%                                      57%                                                562

            q -82%                          India            18%                           30%                         13%                            40%                                      291

            q -82%                     Australia          11%                       33%                          11%                               46%                                         235

            q -85%                        Japan            14%                         31%                       10%                               46%                                         178

            q -83%                          USA         10%                          36%                             16%                               39%                                     149

            q -79%                            UK       6%                     32%                          14%                                   48%                                           138

            q -82%                     Malaysia                 21%                        22%                 10%                                46%                                          135

            q -80%                      Vietnam               18%                    19%                   13%                                  49%                                            133

            q -83%                   Philippines             17%                        27%                        16%                                40%                                      125

                                                     0%         10%         20%          30%         40%         50%         60%         70%         80%         90%          100%

Expenditure is estimated from Overseas Visitors Survey and other secondary data sources.
Other TR components include expenditure on airfares on Singapore-based carriers, port taxes, local transportation, business, medical and education-related items, and by transit/transfer visitors,
as well as COVID-19 related costs.
* Sightseeing, Entertainment & Gaming has been excluded in the country analysis due to commercial sensitivity of information.

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2020 TOURISM SECTOR
     PERFORMANCE
                                                                                                                                                              INTERNATIONAL
                                                                                                                                                            VISITOR ARRIVALS

2020 PERFORMANCE
INTERNATIONAL VISITOR ARRIVALS (IVA)
2020: 2.7 MILLION (-85.7% VS 2019), VISITOR DAYS: 11.8 MILLION DAYS (-81.7%)

                                                                        IVA 2020 (’000s)               IVA 2019 (’000s)

 1,688
                                                                                                1,803                                                                          1,725
1,625                                                                                                          1,736
                                   1,565           1,597                       1,552                                                                          1,534
                  1,499                                         1,488                                                                1,464          1,530

               733

                                    240               1          1                2               7                  9                   10          13           15            24

Source: Disembarkation/Embarkation cards and SG Arrival Cards
Data updated as at 22 April 2021.

Singapore’s international visitor arrivals (IVA) stood at 2.7 million for 2020, a 85.7 per cent year-on-year decline.

IVA, TOP 15 MARKETS
2020: 2.7 MILLION (-85.7% VS 2019)

                                                                                                                                                                             % Change
                                                                                                                                                                              vs 2019

   1                                                457,027
                         INDONESIA                                                                       UK     6        133,336                                             q -78%
                         q-85%                                                                        Japan                                                                  q -86%
                                                                                                                7        125,879

                                                    357,292
                                                                                                                                                                             q -83%
   2
                                                                                                        USA     8
                         MAINLAND CHINA                                                                                  123,182

                         q-90%                                                                   Philippines    9        97,881                                              q -88%

                                                    206,238
                                                                                                  Germany       10                                                           q -75%

   3
                                                                                                                         95,563
                         AUSTRALIA
                         q-82%                                                                  South Korea     11       89,522                                              q -86%

                                                                                                                                                                             q -87%

                                                    175,522
                                                                                                   Vietnam      12       74,424

   4                     INDIA
                         q-88%                                                                     Thailand     13       63,622                                              q -88%

                                                                                                      Taiwan    14                                                           q -85%

                                                    153,650
                                                                                                                         61,887

   5                     MALAYSIA
                         q-87%
                                                                                           Hong Kong SAR        15       58,976                                              q -88%

                                                                                                      Others    16       468,438                                             q -81%

                                                                                                                     0             100        200    300    400        500

Source: Disembarkation/Embarkation Cards and SG Arrival Cards
Data updated as at 22 April 2021

Indonesia (457K), Mainland China (357K), Australia (206K),                                     Largest absolute year-on-year declines were noted for Mainland
India (176K) and Malaysia (154K) were Singapore’s top                                          China (-90%), Indonesia (-85%), and India (-88%).
five international visitor-generating markets in 2020. These
markets accounted for 49 per cent of total IVA in 2020.

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2020 TOURISM SECTOR
     PERFORMANCE
                                                                                                                                                                         HOTEL INDUSTRY

HOTEL INDUSTRY
2020 PERFORMANCE
Gazetted hotel room revenue for 2020 was S$1.2 billion, a                                                      Rate (ARR3) declined by 31.3 per cent to S$152, and Revenue
decline of 71.2 per cent year-on-year. Average Occupancy Rate                                                  per Available Room (RevPAR4) also dropped by 55.2 per cent
(AOR2) was at 56.7 per cent in 2020, a 30.2 percentage point                                                   year-on-year to S$86 in 2020.
decline compared to the same period last year. Average Room

                                                                                      ARR, AOR and RevPAR, 2020

                                     Average Room Rate (ARR)                                   Average Occupancy Rate (AOR)                    Revenue Per Available Room (RevPAR)

                                      S$                           %p                                  %                   %ptsp                        S$                          %p
       Overall                       152                           q -31.3                            57                   q -30.2                      86                         q-55.2

       Luxury                        352                           q -22.9                            48                   q -40.8                      168                        q-58.4

       Upscale                       198                           q -25.3                            49                   q -36.7                      97                         q-57.2

       Mid-tier                      116                           q -31.4                            60                   q -28.7                      70                         q-53.6

       Economy                        74                           q -31.1                            63                   q -21.1                      47                         q-48.3

Data updated as at 22 April 2021.

2
    Standard AOR = [Gross lettings (Room Nights) / Available room nights] x 100
3
    Standard ARR = [Total room revenue / Gross lettings] x 100
4
    RevPAR = AOR x ARR

       NOTE:                                                                                                    Luxury     –   Includes hotels in the luxury segment and are predominantly in
       The hotel tiering system is a reference system developed by the Singapore Tourism Board (STB)                           prime locations and/or in historical buildings
       to categorise the different hotels in Singapore into tiers based on a combination of factors that        Upscale    –   IIncludes hotels in the upscale segment and are generally in
       include average room rates, location and product characteristics.                                                       prime locations or hotels with boutique positioning in prime or
                                                                                                                               distinctive locations
       Figures for the hotel industry are preliminary estimates, based on returns as at 21 March 2020.
       The current hotel tiers published are based on the hotels’ performance in 2019. The response
                                                                                                                Mid-Tier   –   Includes hotels in the mid-tier segment and are primarily located
       rate across the tiers may vary. These figures exclude revenues arising from government                                  in prime commercial zones or immediately outlying areas
       contracts for COVID-related uses.                                                                        Economy    –   Includes hotels in the budget segment and are generally
                                                                                                                               located in outlying areas

                                           Tourism Court 1 Orchard Spring Lane Singapore 247729
                                              +65 6736 6622     +65 6736 9423      stb.gov.sg

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