A projection from the Macau Economic Association says indicators are slightly below expectations but stable and improving.
Business
Though no date has been fixed, the two SARs have agreed in principle to allow goods vehicles to use the Hong Kong-Zhuhai-Macao Bridge.
The emergence of new gaming destinations, regionally and further afield, and the future of non-gaming tourism in Macao, come up for discussion.
The number is less than 60 percent of the total number of visitors recorded during the first half of 2019, before the pandemic hit.
Thousands of delegates are expected at the three-day event, back at the Venetian Macao after being suspended during the Covid-19 pandemic.
The three-day event, held in conjunction with the Asian IR Expo, has returned to Macao after being on hiatus during the Covid-19 pandemic.
Analysts say the strong gross gaming revenue performance during the first nine days of July ‘bodes well for upcoming summer holidays.’
Non-gaming tourism and economic diversification will be a key topic of discussion at speaker meetings and panels during the three-day gathering.
Despite a tourism-led economic recovery, the residential property sector continues to underwhelm according to the latest numbers.