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ISSUE 118 - Feb 2014
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2014?
Decline
Growth above 10 percent
Growth from 0 to 10 percent
Stagnation
 
 

Lunar New Year tourist numbers rise by 13 pct


Posted: 2/10/2014 12:25:25 PM
Rating:     0% ( votes)
  

There were 1.05 million visitors during the Lunar New Year holidays, 13 percent more than last year, according to official data.

The Macau Government Tourist Office said the number of mainlanders visiting between January 31 and Thursday had risen to 770,000 people, about 23 percent more than during the equivalent period last year.

The tourist bureau said the average occupancy rate of three-, four- and five-star hotels was 94.4 percent, 5.4 percentage points higher than last year.

Five-star hotels saw the biggest increase in their average occupancy, which rose by 6.3 percentage points to 97.2 percent.

The average room rate in three- to five-star hotels climbed by 17.5 percent to MOP2,387 (US$298).



Other Macau Latest News

Lionel Leong contrasts Cuiheng, Hengqin efforts

Economy secretary says cooperation with each place means different benefits

Ex-secretary to focus on Pearl Delta cooperation

Francis Tam discloses thrust of his efforts as a member of advisory body

Neptune Group profit drops to HK$292.6 mln in H1

Junket operator says ‘dire situation’ due to competition and weak run rate

Real estate fund’s value dips 2.1 pct in fiscal H1

Macau Property Opportunities Fund manager speaks of healthy consolidation
Headlines

Homes in Hengqin developments illegally pre-sold

Official says two developers are offenders, but fails to say which ones

Retail sales value grows only marginally in 2014

Newspaper says anti-graft drive, protests deterred shoppers from mainland

Govt secretary denies cap set on mainland tourists

Alexis Tam says any measures against overcrowding will be applied gradually

SJM Holdings earnings shrink to HK$7.8 bln in 2014

Gaming revenue drops to HK$79.3 bln as betting by high-rollers shrivels

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1. MGM China earnings grow 5 pct to HK$7 bln in 2014
2. New casinos may get 100-150 tables, paper says
3. Fewer Macau homes sold for more money in 2014
4. Graftbuster probes Shanghai tycoon’s gambling debt
5. Spain’s CaixaBank to make bid for Portugal’s BPI
 
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