Wed, 25 Jul 2007
Singapore (ANTARA News) - Singapore's tourism industry hit record highs in the first half of this year, welcoming 4.9 million visitors and achieving an estimated 6.4 billion Singapore dollars (4.2 billion US dollars) in tourism receipts, the tourism board said on Tuesday.

The hotel sector's performance also hit record highs.

"The first half of 2007 showed a continuation of the good momentum we have been seeing in recent years," said Lim Neo Chian, the board's chief executive and deputy chairman.

Compared to the same period in 2006, the first half of 2007 showed strong 9 per cent growth in tourism receipts and a 5.2 per cent increase in visitor arrivals, he was quoted by DPA as saying in a statement.

Indonesia, China, India, Australia and Malaysia were the top five visitor generating markets for the first six months of this year, accounting for half of the visitor total.

Lim also cited "record high visitor arrivals for each month this year compared to the same month in previous years."

For the January to June period in 2007, the average room rate rose by 19.5 per cent to 192 Singapore dollars (127 US dollars). The average occupancy rate reached 86 per cent. (*)



News Search/Filter
Transaction Rates
19 Oct 17
Buy
Sell
BTC1
74,897,090
74,897,090
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services