Apr 24, 2014,
  Analysis
  Business
  CEO Profile
  Economy & finance
  Editorial
  Education
  Features
  Gaming
  Greater China
  MB Report
  MICE
  News in brief
  Opinion
  Pearl River Delta
  Politics & diplomacy
  Property
  Retail
  Sponsored Articles
  Statistics
  Technology
  Tourism
  Transport
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

Lawrence Ho group raises stake in Russian project

Vladivostok casino consortium buys half of troubled Russian partner’s stake

Easter visitors rise 27 pct to nearly 626,000

Some 1.89 mln people enter or leave Macau, most through Gongbei border post

Grand Hyatt Macau launches events application

Mobile phone app keeps participants in meetings and exhibitions informed

Govt gives chambers of commerce MOP55.28 mln in Q1

Most of the money was for chambers to take part in meetings, exhibitions
Headlines

Sands China Q1 EBITDA growth tipped to be fastest

Parent company Las Vegas Sands to release results of Macau operations today

Govt to review rules on VIP gaming rooms

Chief Executive says changes will be discussed when gaming licences renewed

Crown Resorts prepares bid for Las Vegas casino

Packer company in the running for the Cosmopolitan casino and hotel complex

Broker tips April gaming revenue to rise 5-10 pct

Sterne Agee keeps its forecast of revenue for 2014 despite April run rate

No Comments

No comments yet.

Sorry, the comment form is closed at this time.

1. Goldman Sachs keeps 2014 gaming revenue forecast
2. Melco Crown seeks partners for Japanese casinos
3. Casino smoking ban to stay unchanged, says govt
4. Sands China is casino market leader in early April
5. Q1 mass-market baccarat revenue MOP28.49 bln
 
 US
DJIA
Nasdaq 4,148.34 +21.372
S&P 500 1,878.61 +3.22
 Europe
DJ Stoxx 50 3,189.81 +13.84
DAX 9,548.68 +4.489
FTSE 100 6,703.00 +28.26
 Asia
Nikkei 225 14,404.99 -141.279
Hang Seng 22,562.80 +53.16
STRAITS TIMES INDEX 3,283.93 +25.92
S&P/ASX 200 5,531.00 +13.200
More >>
  Home The Magazine Subscribe Advertising Events MB Specials Contact Us  
Copyright © Macau Business 2010. All rights reserved.