Visitors to local conventions and exhibitions increase by 1,281 pct in Q3

Almost 300,000 visitors attended conventions and exhibitions in Macau in the third quarter of this year, an increase of 1,281 per cent over the previous quarter, when only 22,000 visitors were reported.

In a statement, the Statistics and Census Bureau (DSEC) reported that “63 meetings, conferences and exhibitions” were held in the third quarter of the year, 25 more than in the previous quarter.

Despite this, the number of events held fell by 81.5 per cent in relation to the same period last year.

The events attracted a total of 297,000 participants and visitors, after Macau gradually lifted restrictions on entry into the territory and resumed the issuance of individual and group visas from mainland China from September 23, suspended since the beginning of the pandemic.

Compared to the same period in 2019, the number of visitors fell by almost half, according to the note.

The majority of visitors (294,000) refer to the ten exhibitions held in the reference quarter, all organized by non-governmental entities, according to the same source.

During the first three quarters of 2020, some “215 meetings, conferences, exhibitions and incentive events” were held, 860 fewer events than in the same period of 2019, with the number of participants and visitors to be fixed at 399,000, a drop of 68.6 per cent, in annual terms.

According to the note, in the first three quarters of the year, 15 exhibitions were organized by non-governmental entities, with revenues amounting to MOP14.23 million and expenses at MOP12.97 million.

The net result, “after subtracting the expenses and subsidies granted by the Government and other institutions”, was still some MOP1.53 million in losses, the statement adds.