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ISSUE 96 - Apr 2012
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2012?
Decline
Growth above 20 percent
Growth from 10 to 20 percent
Stagnation
 
 

Hotel room rates online


Posted: 12/16/2011 12:28:28 PM
Rating:     80% (1 votes)
  

The Macau Government Tourist Office yesterday started to publish the room rates of local hotels and guesthouses on its website on a permanent basis as a reference for residents and visitors.

The body said that for guests who reserve rooms directly with the hotels, the price cannot exceed the limit of the rates published.

If bookings are done through any other channels, namely travel agencies or on-line reservation services, the room rates published on the website can only be taken as a reference, as prices offered are likely to also include commissions.

Currently, all hotels and guesthouses need to inform the Tourist Office of any revised room rates.

During the May 1 Labour Day holiday this year, the Tourist Office published the room rates of hotels and guesthouses for the first time. This measure was also implemented during the National Day holiday and the Macau Grand Prix.

According to the Tourist Office, as the measure was well received, the body decided to publish the rates on a permanent basis.



Other Macau Latest News

More than just gaming

MGM is still waiting for Cotai approval, but Grant Bowie reiterates that it will go beyond just gaming

Okada on ‘fishing expedition’

Wynn’s lawyers accuse the Japanese businessman of trying to find improper acts, which they say never happened

Galaxy to sponsor volleyball tournament

The gaming operator is again backing the Macau stage of the FIVB Volleyball World Grand Prix

New border crossing could drive up shop prices

Property experts say prices in Ilha Verde area could go up 10-fold
Headlines

Sands China renews Edward Tracy’s contract

The company’s president and CEO has had his contract extended until August next year

Studio City to receive casino approval “soon”: report

Gov’t authorisation is “just a formality”, English-language newspaper Business Daily reports

Worrying signals

Less informal lending in Wenzhou may lead to VIP slowdown in Macau’s casinos, says Macquarie

Steve Wynn explains Tien Chiao deal

The casino mogul dismisses rumours about connections between Tien Chiao and any government officials

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1. Galaxy closes in on SJM market leadership
2. Steve Wynn wants to start works in Cotai “before June”
3. Studio City to receive casino approval “soon”: report
4. Macau casinos take in MOP25 billion in April
5. U.S. company now Wynn Resorts’ biggest shareholder
 
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