Dec 18, 2014,
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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

Legislative Assembly passes 2015 budget bill

Along with bills on bribery abroad and on regulating certain professions

US court rejects slander suit by Steve Wynn

Finds that opinion aired by noted short-seller did not defame casino mogul

Public have nimby attitude to family hostels

Fear neighbourhoods would be less secure, more expensive and more congested

Beijing announces 2015 holiday dates for mainland

Calendar shows four long weekends; golden weeks from February 18, October 1
Headlines

Macau casino shares slump on dirty money report

Mainland effort to stem flow of ill-gotten gains alarms Hong Kong market

Beijing tightens stranglehold on dirty money flow

Authorities to snoop on all China UnionPay money transfers through Macau

MGM China to put money into project on Hengqin

But chief executive is reticent about the nature of the non-gaming project

Direct tax take rises in first nine months of 2014

Slump in gaming business seems unable to curb rise in govt tax revenue

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