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.

Chinese online travel giant Trip.com released data for the upcoming Labor Day holiday, showing that the search popularity of outbound flight tickets and hotels recovered to 120 percent and 70 percent compared to the same period in 2019.

The first round of outbound travel fever in China is coming ahead of Labor Day, as China’s largest online travel platform Trip.com sees an 18-fold increase in demand.

Some of the luxury Macau hotels located at casino resorts were found to have been sold out since last week for the upcoming Labor Day holiday period, according to checks by AGB.