JLL: 2014 sees 1,773 new rooms added to luxury hotels in Singapore
According to Jones Lang LaSalle IP’s report ‘Hotel Destinations Asia Pacific’, some 1,773 new rooms were added to Singapore’s luxury hotels in calendar 2014. Over the year as a whole, the city received 15.1mn international visitors. The average occupancy rate was 80.3%. The average daily rate (ADR) per room was USD323 per night. Revenue per available room (REVPAR) was USD259 per night.
Source : 31 Mar 2015/JLL/Singapore/ HOT