SINGAPORE, 19 November 2025: Driven by the Formula 1 Grand Prix, Singapore’s hotel industry posted its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary October data from CoStar.
The provider of online real estate marketplaces, information, and analytics in global property markets reported that during October, Singapore’s occupancy levels remained above the 70% mark on all but one night — Monday, 20 October (68.1%).
October 2025 (year-over-year % change)
Occupancy: 82.8% (+6.5%)
ADR: SGD384.15 (+19.5%)
RevPAR: SGD317.96 (+27.3%)
In addition to record highs in ADR and RevPAR, Singapore’s monthly occupancy reached its highest level for an October since 2019.
Singapore achieved monthly highs in each of the three key performance metrics on Friday, 3 October: occupancy (95.9%), ADR (SGD757.62) and RevPAR (SGD726.47).
For comparison, last year’s race was held from 20-22 September, pushing occupancy to 91.7% (Friday, 20 September) and ADR and RevPAR to SGD 682.31 (Saturday, 21 September) and SGD 613.56 (Friday, 20 September), respectively.
The daily occupancy high this year was the best in the market since January 2020, while ADR and RevPAR were higher than on any other day on record.
For more information about the company, its products, and services, visit www.costargroup.com.
