The Inner Harbour regeneration project is part of a wider plan by the government to involve gaming concessionaires in urban gentrification.
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The agreements aim to promote economic growth and social and municipal development, and follow a recent memorandum on cooperation in education.
Sustainable tourism is vital if the industry is to build a better future for succeeding generations, say experts.
Tourism officials, academics and business leaders convene to explore this year’s theme of unlocking the power of the travel industry for ‘business and development.’
Industry representatives say they are ‘optimistic’ for a strong performance and note that Cotai hotels will likely be fully booked.
Local initiatives in neurodivergent rights, eco-friendly materials and corporate responsibility take home the honours.
The long-term impacts of ending the moratorium remain uncertain as oil prices and disbursements buoy the Central African nation’s debt prospects.
The long holiday following National Day is expected to bring a surge of visitors to Macao and see gaming revenues come closer to 2019 levels.
Macao’s peak summer season has since subsided, but tourism officials expect another boom around the Mid-Autumn and National Day celebrations.