Lodging (Destination) in Singapore
The staycation trend experienced a boom in 2021 as Singapore’s border remained closed, while pent-up demand among local consumers to spend time outside of the home and indulge was evident. Prior to the pandemic, single-night staycations tended to be the most popular option among Singaporeans, but due to extended lockdowns and prolonged remote working policies, they desired a longer escape. This scenario particularly benefited luxury and upscale hotels, as local consumers looked to indulge due to...
Euromonitor International's Lodging (Destination) in Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2017-2021, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2026 illustrate how the market is set to change.
Product coverage: Hotels, Lodging (Destination) Offline, Lodging (Destination) Online, Other Lodging, Short-Term Rentals.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
Euromonitor International's Lodging (Destination) in Singapore report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2017-2021, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2026 illustrate how the market is set to change.
Product coverage: Hotels, Lodging (Destination) Offline, Lodging (Destination) Online, Other Lodging, Short-Term Rentals.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Lodging (Destination) market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market’s major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
LODGING (DESTINATION) IN SINGAPORE
KEY DATA FINDINGS
2022 DEVELOPMENTS
Improving sales for mid-market hotels in 2022 due to increasing demand from inbound arrivals and investors
Hotel players are rebuilding demand with creative strategies
PROSPECTS AND OPPORTUNITIES
Pandemic accelerates need for digitalisation in hospitality
Outlook for hotels remains exciting, while collaborations with international brands bring new experiences to consumers
CATEGORY DATA
Table 1 Lodging (Destination) Sales: Value 2017-2022
Table 2 Lodging (Destination) Online Sales: Value 2017-2022
Table 3 Hotels Sales: Value 2017-2022
Table 4 Hotels Online Sales: Value 2017-2022
Table 5 Other Lodging Sales: Value 2017-2022
Table 6 Other Lodging Online Sales: Value 2017-2022
Table 7 Lodging (Destination) Outlets: Units 2017-2022
Table 8 Lodging (Destination) Rooms: Number of Rooms 2017-2022
Table 9 Lodging (Destination) by Incoming vs Domestic: % Value 2017-2022
Table 10 Hotels NBO Company Shares: % Value 2017-2021
Table 11 Hotel Brands by Key Performance Indicators 2022
Table 12 Forecast Lodging (Destination) Sales: Value 2022-2027
Table 13 Forecast Lodging (Destination) Online Sales: Value 2022-2027
Table 14 Forecast Hotels Sales: Value 2022-2027
Table 15 Forecast Hotels Online Sales: Value 2022-2027
Table 16 Forecast Other Lodging Sales: Value 2022-2027
Table 17 Forecast Other Lodging Online Sales: Value 2022-2027
Table 18 Forecast Lodging (Destination) Outlets: Units 2022-2027
CHART 1 Inbound Receipts: 2022-2027
CHART 2 Average Spend per Trip for Inbound Arrivals: 2022-2027
TRAVEL IN SINGAPORE
EXECUTIVE SUMMARY
Singapore reopens its border to fully vaccinated travellers through Vaccinated Travel Framework
Airlines: Key trends
Hotels: Key trends
Booking: Key trends
What next for travel?
MARKET DATA
Table 19 Surface Travel Modes Sales: Value 2017-2022
Table 20 Surface Travel Modes Online Sales: Value 2017-2022
Table 21 Forecast Surface Travel Modes Sales: Value 2022-2027
Table 22 Forecast Surface Travel Modes Online Sales: Value 2022-2027
Table 23 In-Destination Spending: Value 2017-2022
Table 24 Forecast In-Destination Spending: Value 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources
KEY DATA FINDINGS
2022 DEVELOPMENTS
Improving sales for mid-market hotels in 2022 due to increasing demand from inbound arrivals and investors
Hotel players are rebuilding demand with creative strategies
PROSPECTS AND OPPORTUNITIES
Pandemic accelerates need for digitalisation in hospitality
Outlook for hotels remains exciting, while collaborations with international brands bring new experiences to consumers
CATEGORY DATA
Table 1 Lodging (Destination) Sales: Value 2017-2022
Table 2 Lodging (Destination) Online Sales: Value 2017-2022
Table 3 Hotels Sales: Value 2017-2022
Table 4 Hotels Online Sales: Value 2017-2022
Table 5 Other Lodging Sales: Value 2017-2022
Table 6 Other Lodging Online Sales: Value 2017-2022
Table 7 Lodging (Destination) Outlets: Units 2017-2022
Table 8 Lodging (Destination) Rooms: Number of Rooms 2017-2022
Table 9 Lodging (Destination) by Incoming vs Domestic: % Value 2017-2022
Table 10 Hotels NBO Company Shares: % Value 2017-2021
Table 11 Hotel Brands by Key Performance Indicators 2022
Table 12 Forecast Lodging (Destination) Sales: Value 2022-2027
Table 13 Forecast Lodging (Destination) Online Sales: Value 2022-2027
Table 14 Forecast Hotels Sales: Value 2022-2027
Table 15 Forecast Hotels Online Sales: Value 2022-2027
Table 16 Forecast Other Lodging Sales: Value 2022-2027
Table 17 Forecast Other Lodging Online Sales: Value 2022-2027
Table 18 Forecast Lodging (Destination) Outlets: Units 2022-2027
CHART 1 Inbound Receipts: 2022-2027
CHART 2 Average Spend per Trip for Inbound Arrivals: 2022-2027
TRAVEL IN SINGAPORE
EXECUTIVE SUMMARY
Singapore reopens its border to fully vaccinated travellers through Vaccinated Travel Framework
Airlines: Key trends
Hotels: Key trends
Booking: Key trends
What next for travel?
MARKET DATA
Table 19 Surface Travel Modes Sales: Value 2017-2022
Table 20 Surface Travel Modes Online Sales: Value 2017-2022
Table 21 Forecast Surface Travel Modes Sales: Value 2022-2027
Table 22 Forecast Surface Travel Modes Online Sales: Value 2022-2027
Table 23 In-Destination Spending: Value 2017-2022
Table 24 Forecast In-Destination Spending: Value 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources