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Singapore hotels see best month in years amid Hong Kong turmoil

Reuters
Reuters • 2 min read
Singapore hotels see best month in years amid Hong Kong turmoil
SINGAPORE (Sept 3): Singapore’s hotel occupancy rates have climbed to their highest in over a decade as travelers and business events switched from Hong Kong, where pro-democracy protests have slammed tourist numbers and wider business sentiment.
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SINGAPORE (Sept 3): Singapore’s hotel occupancy rates have climbed to their highest in over a decade as travelers and business events switched from Hong Kong, where pro-democracy protests have slammed tourist numbers and wider business sentiment.

Data released on Monday by Singapore’s tourism board showed average occupancy rates in the city-state’s hotels hit 93.8% in July, the highest in records going back to 2005, and up from 92.5% a year ago.

The data also showed the highest revenue per room in almost four years, a trend analysts and hoteliers said was helped by conferences switching from rival business hub Hong Kong as protests that started in mid-June turned increasingly violent.

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