The latest figures come as authorities consider accommodating tour groups in Hengqin, to ease the burden on budget travellers.
Business
All restrictions on Macao property sales were scrapped today in order to boost a local property market that has seen several consecutive months of falling prices.
Official data indicates that visitors participating in conferences and exhibitions spent more on average than regular leisure tourists.
But merchants say more needs to be done to encourage shoppers to spend their patacas locally instead of on the Chinese mainland.
Analysts point out that the Chinese government needs to take fiscal measures to arrest the decline in the price of goods and services and boost demand.
Hengqin authorities have confirmed that they are working on a scheme to make visiting Macao more affordable for budget travellers.
Government officials, scholars, industry professionals and students will converge to discuss AI and its impact across a range of sectors.
The index has now seen eight consecutive periods of decline, prompting realtors to call for the removal of all market curbs.
This year’s edition will be held at the Venetian on the last weekend of April, and will be bigger, with brand new pavilions.