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Hotel occupancy could exceed pre-pandemic levels during the upcoming holiday

Industry representatives say they are ‘optimistic’ for a strong performance and note that Cotai hotels will likely be fully booked.

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Industry representatives say they are ‘optimistic’ for a strong performance and note that Cotai hotels will likely be fully booked.

ARTICLE BY

PUBLISHED

READING TIME

Less than 1 minute Minutes

Local hoteliers expect occupancy rates to surpass pre-pandemic levels during the week following National Day on 1 October. The so-called “golden week” is a holiday in mainland China, Macao’s biggest source of visitors by far.

A local media report quoted Luis Heredia, president of the Macau Hotel Association, as saying that the association was “very optimistic, hoping that all conditions are favourable for travel.”

Wong Suk Yan, the association’s chair, added that Cotai hotels look set for full occupancy, with rates on the peninsula reaching 70 percent.

[See more: Visitor arrivals surged in August]

The city saw 3,221,691 visitors arrive in August – a month-to-month increase of nearly 17 percent and the first time the 3 million mark had been breached since the start of the pandemic in 2020.

Tourism officials say golden week arrivals could average out to more than 100,000 visitors a day.

The holiday is expected to be a boon for casinos, with revenue estimates put at  850 million patacas per day during the period.

 

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