Macau authorities anticipate that all Macau checkpoints could record an average of 680,000 border crossings daily during the upcoming Labor Day holiday (May 1st to May 5th).

Hong Kong may continue to serve as one of Macau’s leading source markets, despite undergoing continuous reshaping of its consumer market, with minimal impacts on GGR.

The Chinese government may launch a visa multi-entry visa between Macau and Hengqin for Chinese tour groups as soon as next month, a source familiar with the matter told AGB.

UBS reports that Macau hotel prices for mainland China’s five-day Labor Day holiday season are 20 percent below this year's Chinese New Year (CNY) rates but bookings are high.

The deputy chairman of Ponte 16 operator Success Universe projects that Macau’s February daily gross gaming revenue (GGR) could record a post-COVID high, surpassing the highest daily GGR recorded last October.

The days of extreme hotel price fluctuations in Macau are over, with the city’s hotel room inventory having experienced a double-digit increase since 2019, adding more than 7K rooms and 20 hotels in the past 4 years, allowing now a better control of price fluctuations.

Extreme hotel price hikes during the Chinese New Year (CNY) holiday may no longer be a concern in Macau, given the increasing inventory and rational consumption trends.

Macau’s tourism office sets a goal to draw 3 million international visitors this year by investing MOP 100 million ($12.4 million) to subsidize 100,000 international air tickets.   However, the industry had mixed reactions.

Macau is considering the addition of more budget hotels to enhance the competitive power of its tourism industry. 

Macau receives nearly 100 tour groups per day, representing a recovery of about 30 to 40 percent of 2019 levels, says the president of the Macau Tourism Industry Association.