Macau hotels cut their pricing in December of last year, despite seeing strong occupancy, with overall room rates down by 4.7 percent, according to recent data.
Information from the Association Members of the Macau Hotel Association show that 5-star properties saw room rates fall by 6.2 percent, averaging MOP1,391 ($175) in the month, even though the occupancy rate fell by just 0.6 percentage point for the high-end venues.
Three-star hotels similarly saw a 6.4 percent drop in room rates, to MOP949.4 ($119.5), even though the occupancy rate fell by just 0.1 percentage points to 97.2 percent.
Four-star hotels fared better, but still saw a 3.6 percent decline in room rates, to MOP1,131.9 ($142.4), although they suffered the largest decline in the occupancy rate – of 1.6 percentage points – totaling 90.3 percent.
Despite the lagging hospitality trend, Macau’s GGR in December totaled MOP20.89 billion ($2.61 billion), up 14.8 percent yearly, marking the strongest December performance since the pandemic.
During the month, visitor arrivals topped 3.58 million, up by 17.8 percent yearly. Same-day visitor numbers rose by 23 percent, to 2.1 million, while overnight visitation numbers increased by 10.9 percent, to 1.47 million.
Looking at 202 as a whole, visitation to the gaming hub reached a new peak of 40.06 million, up by 14.7 percent yearly, with same-day visitation up by 24.6 percent to 16.54 million. However, overnight visitation rose by just 3.1 percent yearly to 16.54 million in 2025.
For FY25, hotel occupancy hit 93.7 percent, up by 1.6 percentage points yearly, however room rates fell overall by 3.5 percent, to MOP1,353.3 ($170.3). Five-star hotels saw a 5 percent contraction in room rates, to MOP1,513.7 ($190.5), despite the occupancy rate rising by 1.8 percentage points to 94.5 percent.
