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HomeNewsMacauStrong hotel bookings push Macau’s occupancy rate toward 90% for CNY

Strong hotel bookings push Macau’s occupancy rate toward 90% for CNY

Macau’s hotel occupancy rate is expected to reach 90 percent during the Chinese New Year (CNY) period, with tourists targeting Cotai.

macau
Wong Suk Yan, president of the Macau Hotel Association

Wong Suk Yan, president of the Macau Hotel Association, stated that hotel bookings in Macau are strong ahead of the upcoming CNY holiday (January 28th to February 4th). Booking rates at hotels within Cotai’s integrated resorts are expected to reach around 90 percent, while budget hotels are projected to be at 60-70 percent.

According to local media outlet TDM, Wong revealed that Macau’s hotel occupancy rates have largely recovered to pre-pandemic levels, similar to the same period in 2019. The hotelier also anticipates that the peak for hotel check-ins will occur on the third day of the New Year (January 31st).

Regarding room rates, Wong noted that prices are expected to be similar to those of last year. However, a recent Morgan Stanley CNY 2025 hotel survey released earlier this week indicates that the average daily rate (ADR) for most hotels in Macau is expected to be 15-40 percent lower than in CNY 2024 and 10-30 percent below the October Golden Week in 2024.

The Macao Government Tourism Office (MGTO) forecasts an average daily arrival of 185,000 visitors during the holiday. Wong expressed optimism about these projections, noting that Macau will host several cultural, tourism, and sports events during CNY.

Additionally, the implementation of new visa policies toward neighboring cities, such as “one trip per week” and “multiple entry,” has led to a noticeable increase in mainland Chinese visitors, contributing to a bustling market.

She also mentioned that, as CNY is a peak season, the industry has made appropriate staffing arrangements, and there is currently sufficient manpower to handle the expected holiday influx.

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

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