The gaming concessionaire has also announced it’s entering the Sri Lankan market, to operate a casino and hotel at the Cinnamon Life resort.
Business
The tourism surge is expected to be another boon for the local hospitality industry, which posted an average occupancy rate of 85 percent for the first quarter.
Macao’s popular e-wallet is now accepted by 90 percent of local merchants in Hong Kong through the Alipay+ network.
The new visas are expected to give a boost to Macao’s travel industry by making visits to the SAR more affordable for mainland Chinese visitors.
The award from the European Travel Agents’ and Tour Operators’ Association gives Macao greater access to 80,000 industry professionals.
Fanny Vong explains why a subtle shift in semantics, from institution to university, will have a big impact on the way tourism and hospitality are taught in Macao.
No dates for the scheme have been announced, but speculation is mounting that specifics will be revealed imminently.
As the first UN AI conference in China, the event is intended to foster the positive growth of AI by opening dialogue between various stakeholders.
Morgan Stanley says the holidays kicking off next week could yield as much as 77 percent of the revenue generated during the comparable pre-pandemic period.