Visitor arrivals to Macau reached 606,841 in April 2022, a 15.2 percent improvement from March, which was attributable to the easing of entry measures, according to the Statistics and Census Service of Macau (DSEC).
Macau casino operator Sands China told investors it has enough cash and cash equivalents to continue to operate for at least another 12 months under the current Covid-19 pandemic challenges.
au’s visitor arrivals fell 5.6 percent in February from the prior month, despite the Chinese New Year holiday period.
Some Mainland Chinese cities appear to be slowing or tightening the issuance of Macau individual visit scheme visas (IVS), although there is not enough evidence yet to draw meaningful conclusions, J.P. Morgan analysts wrote in a note.
Visitor arrivals to Macau rose 30.7 percent in 2021 from the prior year, however the numbers will still down 80 percent from their pre-pandemic levels, according to figures from the Statistics and Census Service.
Macau visitor arrivals rose by 25.9 percent year-on-year in November, attributed to large-scale tourist events such as the Macau Grand Prix and the Food Festival.
Macau gross gambling revenue in the first week of November was up 12 percent over the prior week, but the casino spend doesn't seem to be keeping pace with rising visitor numbers, Bernstein Research says.
Macau visitor arrivals are rebounding after Covid travel restrictions were lifted, helped by a marketing push from the Macau Government Tourism Office (MGTO).
As international borders begin to reopen, a key question for the industry in Asia will be whether the preferences of the Chinese outbound traveller have changed.
There has been a disconnect between the number of incoming tourists and gross gambling revenue, signaling a changing demographic amongst the Mainland Chinese visitor to Macau, says Ben Lee, managing partner of iGamiX Management and Consulting.