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ISSUE 139 - Nov 2014
The Macau property market is changing. Vote. What is your opinion on likely price fluctuations for the second half of this year?
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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).

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Most imported workers are mainlanders, and hospitality is biggest employer

Difficulties delay Pearl estuary bridge completion

Hong Kong Highways Department lists hurdles the builders have yet to clear

Luk Fook H1 net profit plummets to HK$463.4 mln

As revenue in the jeweller’s 10 shops in Macau drops 16.2 pct to HK$920 mln

Gaming table growth cap unchanged, official says

Casinos must earn their shares of annual increase, says economy secretary

Assembly gives 2016 budget its first reading

Members give unanimous nod to govt plan to spend more while revenue shrinks

Wife suggests reason for graftbuster’s suicide

Commission against Corruption documents on his PC prompted investigation

Govt to keep political system mainly unchanged

But administration secretary promises tweaks in the way elections are held

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