As of the end of 2020, there were some 17 hotel developments under construction, which, representing some 8,607 rooms to be added to the local market, according to data from the Land, Public Works and Transport Bureau (DSSOPT).
In total, all 177 projects cover some 482,360 square metes of the gross construction area and will add some 4,234 light vehicle and 1,198 motorbike parking spaces.
The Sands China revamp of Sands Cotai into The Londoner is set and add some 594 suites and 368 service apartments, while SJM’s Grand Lisboa Palace to offer 2,000 hotels in its three hotels and the nearby Lisboeta Hotel to add some 539 rooms.
All three properties are scheduled to have some kind of phased opening starting from February of this year.
By December 2020 there was also some 20 hotel projects in the design phase, representing some 2,268 rooms.
Overall by the end of last year, there were some 35,100 rooms available by some 120 licensed hotels establishments in Macau.
The local hotel average occupancy rate reached only 27 per cent last year after reporting almost 91 per cent in the year prior due to the pandemic impact in travel.