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Easter hotel occupancy up

Room prices in April, meanwhile, dropped y-o-y although up m-o-m

This year’s Easter holiday boosted the city’s hotel occupancy in April to 88.7 per cent occupancy, up 7.2 percentage points year-on-year, while the rate also indicated an increase of some 3.1 percentage points when compared with that registered in March.
The data, released by Macao Government Tourism Office (MGTO) yesterday, also shows that the average hotel prices during the month of April dropped 2.1 per cent year-on-year, hitting MOP1,241.9 (US$155) per night.
However, April room rates were more expensive than March (MOP1,162), up 6.9 per cent.
Among the three hotel categories, 5-star hotels experienced the highest year-on-year difference in the occupancy rate last month, up 9.2 percentage points at 87.3 per cent.
The second highest increase in occupancy was in 4-star hotels, which saw a rate of 90.3 per cent, posting an increase of 5.5 percentage points year-on-year.
Three-star hotels experienced the highest occupancy rate, at 92.1 per cent, but had the lowest year-on-year increase, at 1.6 percentage points.
Regarding room prices, 4-star hotel rooms were the only ones to experience growth in April, up 5.2 per cent year-on-year to MOP784.6.
Prices for rooms in 3-star and 5-star hotels dropped year-on-year by 2.3 per cent and 4.9 per cent, to MOP816.7 and MOP1,571.6, respectively.

Rate growing, prices declining
The accumulative occupancy rate for the first four months was 86.2 per cent, an increase of 6.6 percentage points year-on-year.
All categories – 5-star, 4-star and 3-star – experienced year-on-year growth in the accumulative occupancy rate, with both 5-star and 4-star recording increases of 6.9 percentage points while 3-star hotels saw 4.6 percentage points increase.
In terms of room prices, the difference between the first four months and the same period a year ago was a 2.3 per cent decrease, with cumulative prices MOP1,284.3.
MGTO data reveals that prices of 3-star hotel rooms during the January-April period experienced the highest decrease, down 6.6 per cent year-on-year to MOP815.4 whilst 5-star and 4-star declined by 1.6 per cent and 4 per cent, to MOP1,640.5 and MOP766, respectively.
There are currently 41 3-star, 4-star and 5-star hotels, according to the Macau Hotel Association.