Feb 13, 2016,
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ISSUE 141 - Jan  2014
 
 
The Macau property market is changing. Vote. What is your opinion on likely price fluctuations for the second half of this year?
Decline below -10 percent
Decline from 0 to -10 percent
Growth from 0 to 10 percent
Growth above 10 percent
 
 

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

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German supplier says it’s pioneering the use of such technology in casinos

Ex-minister tipped to be Australia’s man in Macau

David Johnston expected to be new consul-general in HK, Macau, the ABC says

Wynn Resorts Q4 Macau EBITDA drops to US$160.1 mln

Gaming company’s worldwide earnings fall as revenue slows to US$946.9 mln

BNU’s profit in Macau grows to MOP521 mln in 2015

Bank means to open two more branches in Macau and one on Hengqin, boss says
Headlines

A-Ma Temple restoration predicted to take a year

How much it will cost to repair the fire damage has yet to be worked out

Fire severely damages main hall of A-Ma Temple

Damaged portion of tourist draw closed to the public, but rest remains open

Top court upholds govt repossession of land

Rejects challenges by former holders of a plot on Taipa and two other plots

Galaxy Entertainment to top-up employee bonuses

Gaming company giving what it calls a special gift to mollify grumpy staff

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1. Galaxy Entertainment to pay performance bonuses
2. SJM Hldgs reportedly seeks loan for Lisboa Palace
3. Central govt aid promised if visitor tally plunges
4. Wynn Macau in effort to buy from Macau SMEs
5. Economy to shrink 13.6 pct in 2016, academics say
 
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