Formula 1 Grand Prix Brings Singapore’s Hotel Market to Record-Breaking Heights in October 2025

Singapore’s hotel sector experienced a historic surge in October 2025, setting all-time records for occupancy, ADR, and RevPAR. The Formula 1 Grand Prix acted as a powerful catalyst, propelling the city’s hospitality industry to new heights and reaffirming Singapore’s position as one of the world’s top travel and business destinations.

Record Occupancy and Unprecedented ADR Growth

October 2025 was a landmark month for Singapore’s hotels. The nation achieved an average occupancy rate of 82.8%, representing a 6.5% year-on-year increase. On October 3 alone, occupancy soared to 95.9%, a level typically seen only during major holidays.

The Average Daily Rate (ADR) climbed to an all-time high of SGD 384.15, nearly 19.5% higher than the previous year. This surge pushed Revenue per Available Room (RevPAR) to SGD 317.96, marking a 27.3% increase year-on-year — one of the highest results ever recorded in Singapore’s hospitality history.

The Formula 1 weekend generated the strongest single-day results on record: on October 3, ADR reached SGD 757.62 and RevPAR hit SGD 726.47. These figures surpassed the September 2024 Grand Prix performance, proving the immense economic impact of the event on Singapore’s tourism and accommodation sectors.

The Formula 1 Grand Prix Effect: A Tourism and Economic Powerhouse

The Formula 1 Grand Prix continues to be one of Singapore’s most influential tourism drivers. The 2025 event attracted tens of thousands of visitors from across the globe — not only motorsport enthusiasts but also business travelers, influencers, and high-profile guests.

Hotels across the city operated at full capacity, with Marina Bay and downtown areas selling out months before the race. The event’s combination of glamour, entertainment, and international exposure once again confirmed its vital role in Singapore’s economy.

In addition to direct hotel revenues, the Grand Prix also boosted retail, dining, and transport sectors, further amplifying the city’s tourism-driven GDP.

Year-on-Year Comparison: 2024 vs. 2025

When compared to October 2024, Singapore’s hotel industry performance highlights a significant step forward. Last year’s Formula 1 Grand Prix, held in September, produced strong results — a 91.7% occupancy rate, ADR of SGD 682.31, and RevPAR of SGD 613.56. However, the October 2025 figures outperformed these across all metrics.

The shift in timing helped extend the high season and spread demand more evenly throughout Q4. It also demonstrated Singapore’s resilience and growing global appeal as both a business hub and leisure destination.

Travel Tips: Visiting Singapore During F1 Season

For travelers planning to experience the Formula 1 Grand Prix in Singapore, early booking is crucial. Hotels are typically sold out several months ahead of the event, with room rates rising significantly. Visitors can save by reserving early or exploring alternative accommodations such as serviced apartments or boutique hotels outside Marina Bay.

Those attending primarily for the race should choose hotels with easy access to the circuit to avoid transport delays. Meanwhile, travelers who prefer quieter stays can opt for neighborhoods like Bugis, Tiong Bahru, or Kampong Glam, which offer convenience and affordability while remaining close to the city center.

Beyond the Race: Discovering Singapore’s Attractions

While the Grand Prix dominates the spotlight, Singapore offers a wealth of attractions for those extending their stay:

Gardens by the Bay – A futuristic nature park and the iconic Supertree Grove.

Sentosa Island – Home to beaches, theme parks, and world-class resorts.

Chinatown & Little India – Vibrant districts rich in culture, cuisine, and history.

Marina Bay Sands SkyPark – Offering the best panoramic view of the skyline.

The combination of urban innovation, cultural heritage, and luxury experiences makes Singapore a destination that thrives year-round — not just during F1.

Experts at International Investment note that Singapore’s record-breaking October demonstrates how strategic event tourism directly fuels long-term hospitality growth.

“The Formula 1 Grand Prix continues to be one of the world’s most powerful tourism engines,” analysts say. “It drives not only short-term hotel performance but also positions Singapore as a resilient, high-value destination that merges luxury, culture, and global business appeal.”

Experts emphasize that the success of Singapore’s hospitality industry lies in its integration of large-scale events with sustainable tourism planning, ensuring consistent visitor flows beyond peak periods.

Conclusion: A New Benchmark for Global Hospitality

October 2025 has officially become a milestone for Singapore’s hospitality sector. The synergy between the Formula 1 Grand Prix and Singapore’s world-class infrastructure has produced record-setting performance that will likely shape future strategies for event-driven tourism.

As Singapore continues to invest in premium experiences and urban innovation, its hotels are not only thriving but setting global benchmarks for excellence, making the city-state a model for the international hospitality industry.