Almost 11,000 hotel rooms under construction in 2015 Q4

During the fourth quarter of last year 16 hotel projects were under construction, which are expected to provide an extra 10,738 hotel rooms to the city, according to the latest data released by the Bureau of Land, Public Works and Transport (DSSOPT).
With regard to the hotels under construction, nine are located on the Macau Peninsula (588 rooms), while one is located in Taipa (373 rooms), five are in Cotai (9,541 rooms) and one is in Coloane (236 rooms).
According to information released yesterday, during the last three months of 2015, some 34 hotels were in project phase, which could add as much as 8,882 rooms to the city.
Of these hotels in design phase, 28 will be on the Peninsula, providing 3,407 rooms, one will be in Tapia (126 rooms), three in Cotai (4,881 rooms) and two in Coloane (468 rooms).
In 2015, a total of 106 hotels were operating in the territory, recording an average occupancy rate of 80.5 per cent. This was an increase of 8 hotels, which includes the mega resorts Studio City and Galaxy Phase II vis-a-vis 2014, when the average occupancy rate stood at 86.5 per cent

Private house buildings
DSSOPT also released figures regarding private housing being developed in the territory during the fourth quarter of 2015.
According to DSSOPT, there were 81 housing buildings being developed in Macau, adding 12,736 housing units. Of these buildings, 70 buildings will be placed on the Macau Peninsula, meaning 12,198 units. Three buildings will be in Taipa (263 units) and 8 buildings are to be developed in Cotai (275 units).
Besides the 81 buildings being developed, 18 buildings are under inspection to receive a licence for occupation that will add another 277 housing units to the city’s stock.