DestinationsThe city’s monthly occupancy reached its highest level for an October since 2019.

Singapore Grand Prix drives record hotel bonanza

By Travel Weekly Asia

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Nov 14, 2025

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The Singapore F1 Grand Prix boosted hotel performance to an all-time high.

The Singapore F1 Grand Prix boosted hotel performance to an all-time high. Photo Credit: iStock/blanscape

The value of the Formula 1 Grand Prix to Singapore hotels has been reinforced by preliminary October data from CoStar, the commercial real estate analyst.

Singapore’s hotel industry posted its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record in October.

This year Singapore F1 Grand Prix was held from 3-5 October.

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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