The MGTO is launching a promotional campaign to persuade visitors to sample the pleasures of Macao’s overlooked northern suburbs.
Business
The rise must be set against last year’s dismal performance and the first quarter GDP figures, which were the first growth Macao had experienced since late 2021.
The platform says it is teaming up with Alipay+ to greatly expand its coverage, ‘improving travellers’ payment and shopping experience.’
The possible new route aligns with the government’s bid to make the SAR more appealing to Southeast Asian and other tourists.
Locals are heading to the mainland to spend their hard earned patacas, while tourists are spending a lot less in Macao than they used to.
Last month’s visitor totals reversed three consecutive months of decline – and hotels were able to benefit from the influx.
The local government hopes issuances of both treasury and provincial-level bonds will become ‘routine practice’ as the SAR transforms itself into a modern finance hub.
The latest numbers from the Statistics and Census Service show that relatively few jobs were available in the gaming sector in June.
In a regulatory filing, the integrated resort operator said tourism in Macao showed ‘a robust recovery’ in 2023, after the ‘severely inhibited travel’ of the pandemic years.