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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

Morgan Stanley expects VIP gaming to recover in H2

Says better mainland economy, more junket money and less football will help

NPC deputy’s company to invest heavily in Hengqin

Developer led by Lao Ngai Leong to build multimedia production centre

Govt spends MOP2.2 bln on social welfare in 2013

Welfare bill increases 68.3 pct as people get older, demand more benefits

Macau, mainland to cooperate on money laundering

Take opportunity presented by Asia-Pacific meeting to agree on memorandum
Headlines

Eight casinos make three-quarters of H1 revenue

The Galaxy Macau rakes in most gaming revenue, followed by the Wynn Macau

Water utility sees no sign of increase in its fee

Macao Water Supply suspects govt will deny the company the amount it wants

Union Gaming Research differs on MGM Resorts

Thinks market is wrong about relative performance in Las Vegas and Macau

Govt halts building work on Parisian casino-resort

Says developer has permission only to undertake earthworks on the site

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