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Macau July Ggr Lowest Month Since 2003 Show Govt Data

Room rates of Macau’s hotels plummeted over the Chinese New Year Golden Week, down 42.1% year-on-year to an typical every day rate of MOP$1,175. Whilst Macau’s tourism figures are promising, Pun Cheng Man, travel division sales and promoting manager with CTS told TTG Asia that most of the Mainland Chinese arrivals to-date are leisure FITs, which mainly advantages hotels. Below the system, completely vaccinated guests from Hong Kong would be permitted to enter designated hotels and resorts and make use of their dining and retail facilities. Marriott International is poised to strengthen the presence of its premium brands across leisure...