macau

Macau Each Day Occasions 澳門每日時報hotel Occupancy In Q3 Dips 25% Y-o-y

The 2021 MGS Summit will see representatives of Macau’s casino concessionaires take component in an in-depth discussion on the business enterprise recovery of Macau gaming and tourism as a feature panel of this year’s event. Final year, the government had cancelled fireworks shows which includes the international fireworks competitors to avoid crowding and lessen Covid-19 pandemic risks. Might is expected to mark the fourth month in a row of double-digit percentage growth in Macau’s gaming revenue. According to Consensus Metrix, analysts’ estimates for Macau GGR growth in Could are trending around 15 percent. China remains the only international superpower that...

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...