Macau’s five-star hotel room prices actually dropped in February, by 2.4 percent year-on-year, despite the Chinese New Year holiday falling completely within the month this year.
According to data from the Macau Hotel Association, the average room rate of five-star hotels was MOP1,56 ($194.05), compared to MOP1,598 ($198.78) in February 2025.
The figure was a slight increase from the MOP1,522.5 ($189.39) average registered in January, which itself saw a 2.9 percent yearly fall.
Amongst the price reduction, the occupancy rate of five-star hotels rose by 1.2 percentage points yearly, to 96.6 percent, topping January’s figure of 95.8 percent.
Four-star hotels, meanwhile, saw a 2.6 percentage point increase in occupancy in February yearly, at 93.3 percent, despite a 4.7 percent yearly increase in the average room rate – to MOP1,233.5 ($153.44). January’s figures for four-star hotels showed 90.1 percent occupancy (down 1.7 percentage points yearly), with a rate of MOP1,105 ($137.46) – down by 7.9 percent yearly.
Looking to three-star hotels, occupancy during the month fell by 0.7 percentage points, to an average of 97.6 percent – lower than January’s 97.7 percent occupancy rate.
The average room rate was also down, by 2.7 percent yearly, to MOP949.8 ($118.15), still a rise from the MOP898.3 ($111.74) rate registered in the previous month.
Room rates for the two months combined were down across the board, with five-star hotels seeing a 2.7 percent reduction in price, four-star hotels registering a 1.7 percent decline and three-star hotels seeing an 8.4 percent drop.
The average occupancy rate for all of the hotel types stood at 95.4 percent, a 0.8 percentage point increase, with that of five-star hotels rising by 1 percentage point to 96.2 percent.
Four-star hotels in the two-month period saw average occupancy rise by just 0.5 percentage point, to 91.7 percent, while that of three-star hotels fell by 0.3 percentage point, to 97.6 percent.
The Macau Hotel Association gathers data from 27 five-star hotel members, 14 four-star hotels and seven three-star hotels.




