Shopkeepers say there isn’t enough tourist traffic outside of the main sightseeing areas and add that visitors are spending less money than they hoped.
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Meteorologists say the signal will remain in force today, with Macao set for unsettled weather as the weekend approaches.
New visa exemptions for 98 countries may be just the boost needed to grow the West African nation’s tourism sector.
Skeptics may mock an official plan to promote tourism in northern Macao, but while the area isn’t pretty, it is – indisputably – the city’s heart.
The move offers one more reason for tourists to visit Macao and comes as the city records in excess of half a million visitors during the first four days of the National Day holidays.
Unsettled weather is forecast for later in the week as the storm enters the South China Sea on its journey toward coastal Guangdong.
JP Morgan says the third-quarter result would have been even better without the stormy weather that swept Macao in September.
The US$70 million facility comprises performance and meeting venues and can accommodate up to 1,500 people.
Analysts have been concerned about the bottom-line impact of the severe weather experienced in the month by Macao, which was battered by a typhoon and heavy rain.