ARLINGTON, Va – 12 November 2025 – 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, according to preliminary October data from CoStar, a leading provider of online real estate marketplaces, information, and analytics in the property markets.
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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Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 90,000 properties and 11.8 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
News Media Contact
Karolina Capova
Senior Media Relations Specialist
media@str.com
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 143 million average monthly unique visitors in the third quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.