{"id":259340,"date":"2025-11-19T06:15:00","date_gmt":"2025-11-18T23:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=259340"},"modified":"2025-11-18T22:01:08","modified_gmt":"2025-11-18T15:01:08","slug":"singapore-hotel-rates-in-f1-overdrive","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2025\/11\/singapore-hotel-rates-in-f1-overdrive\/","title":{"rendered":"Singapore hotel rates in F1 overdrive"},"content":{"rendered":"\n

SINGAPORE, 19 November 2025: Driven by the Formula 1 Grand Prix, Singapore\u2019s 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.<\/p>\n\n\n\n

The provider of online real estate marketplaces, information, and analytics in global property markets reported that during October, Singapore\u2019s occupancy levels remained above the 70% mark on all but one night \u2014 Monday, 20 October (68.1%).<\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

October 2025 (year-over-year % change)<\/strong><\/p>\n\n\n\n

Occupancy: 82.8% (+6.5%)
ADR: SGD384.15 (+19.5%)
RevPAR: SGD317.96 (+27.3%)<\/p>\n\n\n\n

In addition to record highs in ADR and RevPAR, Singapore\u2019s monthly occupancy reached its highest level for an October since 2019.<\/p>\n\n\n\n

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). <\/p>\n\n\n\n

For comparison, last year\u2019s 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.<\/p>\n\n\n\n

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. <\/p>\n\n\n\n

For more information about the company, its products, and services, visit www.costargroup.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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