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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
 
 

Love of money


Posted: 2/14/2012 3:34:22 PM
Rating:     0% ( votes)
  

Although Macau’s lovebirds celebrate Valentine’s Day twice – the Western celebration today and the Chinese version that typically falls in August – it is the first that leads to more sales, business owners say.

But not all businesses benefit equally, with hotels and high-end restaurants giving the twin celebrations a bigger push in their marketing calendars, Macau Business reports in its February issue.

Judit Huguet I Sola, chief florist at Tiffany Fleur at Hotel Lan Kwai Fong Macau, says Valentine’s Day is great for business with both the Western and Chinese versions boosting the bottom line.

Revenue increases sharply, thanks in part to the fact that most customers look for bouquets of 99 red roses, meaning “love forever”.

The owner of French restaurant La Bonne Heure, Suzanne Chuek, says the Western Valentine’s Day does make a difference generating extra revenue.

Ms Chuek says there is no comparison between the two celebrations, in terms of turnover. “The Western Valentine’s Day is better for business. The Chinese one is just like a normal day.”

Several hotel and resorts are today offering special menus and packages for February’s Valentine’s.

Read the full version of this article in the February issue of Macau Business magazine, now available at selected newsstand outlets in Macau, Hong Kong bookshops, by subscription and at partner hotels, restaurants, airlines and ferry carriers in Macau.



Other Macau Latest News

TransAct appoints new sales manager for Asia

Rashid Suliman will be responsible for the sales of the company’s products in Macau

Venetian hosts Ice World

The exhibit will last until September 16

Melco Crown to participate in Dragon Boat races

Around 50 Melco Crown employees have joined forces to form two teams

Bank tellers with two-digit salary growth

Wage increases outpace the inflation rate
Headlines

Final review on rules for smoking areas inside casinos

Casinos will have to divide their floor into smoking and non-smoking areas starting next year

Homes more expensive

The average transaction price of all residential units sold in the first three months of 2012 reaches a new all-time high

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

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