Driven by Formula 1 Grand Prix, Singapore’s hotel industry posted its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record.
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 any other days on record.
Throughout the month, Singapore’s occupancy levels remained above the 70% mark on all but one night–Monday, 20 October (68.1%).
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