Singapore hotels hit record rates in October due to Formula 1 events

Occupancy reached 85% and RevPAR rose 8.1%, with peak ADR hitting SGD818.88 on Saturday nights.

Tourism

Asia-Pacific 📰 2 sources⏱ 1 min read

By SafarSamachar Desk11 Nov 2026, 10:42 pm IST

Illustration of Singapore's skyline with Marina Bay Sands and Supertree Grove from an aerial view at sunset. — Illustration: SafarSamachar Pix Desk, created with AI assistance. Not a photograph of the event.

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Key facts at a glance

1Singapore hotels achieved 85% occupancy in October 2026
2RevPAR increased by 8.1%
3Peak ADR reached SGD818.88 on Saturday nights during the F1 Grand Prix
4Formula 1 and international events drove revenue growth

Singapore hotels posted a record performance in October 2026, reaching 85% occupancy and boosting RevPAR by 8.1%. The surge was driven by the Formula 1 Grand Prix and other international business events.

CoStar data shows that during the F1 Grand Prix Saturday night rates peaked at SGD818.88 ADR and SGD711.09 RevPAR, marking an all-time high for the city-state's hotel industry.

The increase in occupancy and revenue highlights how major events such as Formula 1 drive demand for accommodation across Singapore.

What this means for Indian travellers

If you are planning a trip to Singapore during major events like the F1 Grand Prix, expect higher room rates and consider booking early.

Sources

This brief was written with AI assistance from the reports listed above, following our accuracy rules; it has not yet been individually reviewed by an editor. Read our editorial policy.Rules and schedules change - confirm with the airline or embassy before you travel. Spotted an error? Tell us.

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