Singapore Hotel Market Data
Singapore, Singapore — Asia Pacific
Market Snapshot
| 3-Star Average | $125 |
| 4-Star Average | $230 |
| 5-Star Average | $460 |
| Occupancy | 83% |
| RevPAR | $191 |
| YoY Growth | 5.2% |
| Hotels Tracked | 420 |
| Competition Level | High |
| Peak Season | Jun-Aug |
Market Insights
Singapore's controlled supply environment and premium positioning in Asia support industry-leading RevPAR. The city-state's role as APAC business hub provides stable corporate demand base. Government investment in attractions and events ensures continued tourism growth.
Regulatory Environment
GST on hotel stays at 9%. Singapore Tourism Board quality grading system. Strict employment regulations for hospitality workers. Integrated resort casino regulations.
Recent Market News
Singapore hotel market achieving record RevPAR driven by MICE and luxury leisure. Marina Bay Sands expansion adding 1,000 rooms. Changi Airport Terminal 5 development improving connectivity. Formula 1 night race contract renewed through 2028.