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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

IMF advises Macau to set up sovereign wealth fund

Warns that weaker gaming revenue, ageing of the population may mean trouble

Construction swells size of migrant labour force

Most of the migrant workers at end-Q2 worked in hospitality or construction

Election of chief executive may yet be contested

Fernando Chui has fewer nominations than needed to preclude any opposition

Areia Preta people rowdily reject LRT route plan

Not in our back yard is the response to govt’s Avenida 1° de Maio proposal
Headlines

Academic sceptical about economic diversification

Macau Polytechnic Institute teacher says city too small for greater variety

Tourist satisfaction with Macau decreases in Q1

Visitors give city’s casinos, tour operators and guided tours lower scores

Gaming workers protest outside the Venetian

Disapprove of junior Sands China employees leapfrogging senior employees

Eight casinos make three-quarters of H1 revenue

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

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