REVPAR fell in the same month.
The average room rate of hotels fell 2.6% YoY to $278.08 in October, data from the Singapore Tourism Board showed.
In the same month, revenue per available room (REVPAR) fell to $217.05, a 9.8% drop from October 2022.
Meanwhile, the average occupancy rate in October was 78.05%, 6.2% lower than October 2022's record.
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
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