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Macau’s overseas visitor ramp-up is still lagging, accounting for only 4.5% of total arrivals: scholarÂ
With only 4.5% of the total arrivals, the Macau overseas visitor ramp-up is still lagging behind expectations, according to Jose Wong Weng Chou, a scholar from Macau University of Science and Technology (MUST).
Philippines received nearly 2M international visitors in 4 months, up 17%
The Philippines’ tourism market continues its positive momentum. In the first four months of the year, the country received nearly 2 million international visitors, marking a 17 percent increase compared to the same period last year.
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.
Philippines visitor arrivals surge 24% in the first two months of 2024
According to data from the Department of Tourism (DOT), visitor arrivals to the Philippines increased by 24.4 percent in January and February compared to the same period last year.
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 Gov’t revenue could reach $13.6 bln if visitor volume recovery continues – Report
Macau SAR GDP should witness growth between 8.3 and 21.0 percent in 2024, with the city's authorities total revenue, mostly derived from gaming taxes, reaching as much as MOP109.6 billion ($13.6 billion), an economic forecast published by the University of Macau predicts.
Davis Fong predicts 32–36 million visitor arrivals in Macau for 2024 amid uncertainties
Macau, an Asian gaming hub, is gearing up for a further resurgence in 2024, according to Davis Fong, the director of the Institute for the Study of Commercial Gaming and a professor at the University of Macau.
2023 MGS Entertainment Show anticipates the return of 5k visitors
The MGS Entertainment Show & Summit, a prominent casino trade exhibition and conference, is scheduled to make its return to Macau next week, with the organizer aiming to draw more than 5,000 industry professionals and visitors, as announced on Wednesday.
Macau visitor arrivals were down 28.6 percent m-o-m in September
Visitor arrivals in the Macau SAR have decreased by 28.6 percent month-on-month from 3.22 million to 2.3 million in September 2023.
Sentosa Island to recover pre-pandemic visitor volume in one to two years: SG Gov’t official
Sentosa island has reported almost two-thirds of its pre-pandemic visitor volume and should recover to pre-pandemic numbers in "one to two years", the CEO of the public entity responsible for the tourist island told Asia Gaming Brief.
