Sep 22, 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

Motor insurers make driving across border easier

One policy can now cover Macau-registered vehicles used on Hengqin Island

Gallery owner says Macau art market in its infancy

Advises art business to make a greater marketing effort to drum up buyers

Teething problems irk University of Macau students

Complain of dust in the air, formaldehyde in their rooms, falling trees

Air Macau chairman bemoans lack of local resources

Says prosperity of his airline will depend largely on prosperity of Macau
Headlines

Deutsche Bank gloomier about 2014 gaming revenue

Gives warning that new Cotai casinos may fail to spur gaming demand in 2015

Holiday reform tipped to benefit Macau tourism

Research house says annual leave for mainlanders would make visiting easier

Sterne Agee expecting flat gaming revenue in 2014

Stockbroker increases its forecast of shrinkage in September gaming revenue

Bank forecasts persistent falls in gaming revenue

Morgan Stanley predicts rebound only in 2015H2 as new casino-resorts open

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