Macau’s 66 hotels and 33 guesthouses welcomed a record 875,640 guests in July, up 10 percent year-on-year, the Statistics and Census Bureau (DSEC) has announced. The previous record stood at 820,163 in December last year. Guests’ average length of stay dropped 0.18 of a night to 1.2 nights in July, when the occupancy rate of […]
Day: September 17, 2012
Hong Kong-listed Chinese Estate Holdings says that it’s fully owned subsidiary Moon Ocean and an unnamed purchaser of a La Scala unit lodged an appeal to Macau’s Court of Second Instance (TSI) last week against the government’s recent decision to scrap the company’s land concession near the airport in Taipa. Chinese Estate Holdings announced the […]