Macau gaming operator Galaxy Entertainment Group has announced a new partnership with operator Capella Hotels and Resorts to launch its first property in Macau.

Group tour operators are bound to be rejoicing over the recent news that Macau and Hengqin are set to establish a multi-entry visa policy between the territories. According to insiders, the scheme could cause a loss to Macau hotel operations, with cheaper options right across the border.

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.

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).

The Westside City Project, an integrated resort in Manila’s Entertainment City developed by Suntrust Resort Holdings, is planning to open its Main Hotel Casino in the first quarter of 2025.

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).

SJM Resorts has officially unveiled the Palazzo Versace hotel at its Grand Lisboa Palace complex, marking Versace's debut in the Asian luxury hotel scene.

The 13 Hotel is being sold by auction until April 5th. The owner is asking for HKD2.4 billion ($307 million) for the property, which has been closed since February 2020.

Tokyo based real estate investment fund Mori Trust has acquired the Fairfield by Marriott Osaka Namba hotel from investment firm PAG in a strategic move ahead of a projected tourism boom.