Investment bank Citigroup anticipates that Macau’s gross gaming revenue (GGR) in May could reach MOP20 billion ($2.49 billion), about 77 percent of 2019 levels.

Trip.com Group, has revealed that Tokyo, Bangkok, Hong Kong, and Seoul are the most sought-after travel destinations during the ongoing Labor Day holiday in mainland China.

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).

Analysis conducted on 28 hotels across Macau suggests that both Average Daily Rates (ADR) and occupancy rates are anticipated to be notably lower during the upcoming Labor Day holidays when compared to the 2024 Chinese New Year (CNY) holiday and the May Golden Week in 2019.

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.

Helena de Senna Fernandes, Head of the Macao Government Tourism Office (MGTO), projects that Macau may receive an average of 150,000 inbound tourists per day during the Labor Day Golden Week. The projection surpasses the numbers seen during the Cheng Ming and Easter holidays.

Macau's tourism recovered to 62 percent of pre-COVID levels, with about 493,000 visitors during a five-day period running from April 29th to May 3rd, affirmed the Macao Government Tourism Office (MGTO) on Friday.

China's tourism rebounded to pre-COVID levels during the Labor Day holidays, as the Ministry of Culture and Tourism from the central government saw domestic travelers reach 274 million, topping 120 percent of pre-COVID levels.

The Association of Macao Tourist Agents said on Wednesday that the first Labor Day holiday after lifting all COVID curbs had exceeded expectations.

Macau's Border Gate may receive 340,000 tourists daily over the Labor Day Holiday, says China's top immigration body.