Q-o-q, RevPAR saw a 13.6% increase from RevPAR of $112 in 4QFY2020 on the back of improved average daily rate (ADR) as Intercontinental Singapore stopped serving as a dedicated stay-home notice (SHN) facility.
Frasers Hospitality Trust (FHT) has recorded revenue per average room (RevPAR) of $127 for its Singapore portfolio for the 1QFY2021 ended December, 50% lower than RevPAR of $254 a year ago.
The lower RevPAR for the 1QFY2020 y-o-y was mainly due to lower occupancy. The Singapore Tourism Board (STB) recorded some 2.7 million international visitor arrivals in 2020, down 85.7% y-o-y.
