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Macau hotel occupancy hits 85% in 1Q24, with new properties excelling

New hotels in Macau are contributing to the city's uptick in visitation, with nearly 85 percent room occupancy in the first quarter.

Macau hotels fully booked for Labor Day, with prices 20% below CNY rates

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.

Philippines top Macau int’l visitor market, visitation at 68% of FY19 levels in 1Q24

Macau's international visitor arrivals have already recovered to 68.2 percent of 2019 levels, with 584,026 foreign tourists received in the first quarter of 2024. The Philippines led the charge, with over 110K tourists.

Macau’s Tourist Price Index up 4.7% in 1Q24 driven by hotel room rates

Macau’s Tourist Price Index (TPI) for the first quarter of 2024 increased by 4.68 percent year-on-year to 144.68, according to information from the Statistics and Census Service (DSEC).

Macau five-star hotels’ occupancy rate close to 90 percent in February

Five-star hotels in Macau were the most occupied among all accommodation types, with occupancy rates reaching 89.1 percent in February, according to information from the Statistics and Census Service (DSEC).

Conservative consumption trends cause sharp drop in Macau’s visitor spending

Despite a 292 percent surge in the total amount of visitor spending in Macau last year compared to 2022, per-capita spending of visitors on shopping fell sharply by 42.3 percent from the previous year, showing the downturn in China's economy, say experts.

Macau’s GDP grows 80.5% in 2023, driven by tourism and gaming

Macau’s GDP experienced a remarkable 80.5 percent year-on-year rebound last year, propelled by the flourishing tourism and gaming sectors.

South Korea and Thailand lead in visitor spending per capita in Macau

Visitors from South Korea, Thailand, and Mainland China ranked as the top three with the highest visitor spending per capita in Macau last year.

Macau attracted 2.94M visitors in December 2023, up 656%

Almost three million visitors entered Macau in December of last year, with strong growth being registered in all categories, according to official data.

Macau casino staff receiving less than before pandemic, despite wage increases

Macau casino employees' real income has decreased compared to 2019 levels, despite wage increases from gaming operators, says an association head.