Hotels are currently more than 60 percent booked out over Christmas and New Year, but the figure is expected to rise rapidly in the coming days.
Business
Users who travel overseas will now have the option to make e-payments through the mobile application in Italy, Singapore, Mongolia, Malaysia and South Korea.
The Macau Economic Association’s forecast is in contrast to a report published earlier this month by Moody’s, which downgraded Macao to ‘negative’.
None of the concessionaires have applied for the rebates, reports say, and they are not mentioned in Macao’s 2024 budget.
The Legislative Assembly has approved the government’s 2024 budget, which forecasts a fiscal surplus of 1.17 billion patacas.
The Travel Industry Council says Christmas is a popular time to escape Macao, with bookings on the rise for Japan, South Korea and Thailand over the festive season.
After pandemic-related delays, Galaxy Macau’s Phase 3 has a formal opening, boasting two new luxury hotels and a state-of-the-art convention centre.
Back by popular demand, the workshop trains participants from the tourism sector to be more culturally sensitive to the needs of Muslim visitors to Macao.
Attendees at an FMCC breakfast meeting hear about the pitfalls and challenges that come with using such powerful technology.