Macao’s 120 hotels and guesthouses recorded 473,000 guests last month, a month-on-month growth of 8%, but a year-on-year decline of 59.3%.
DSEC
Macao’s general unemployment rate and local residents’ jobless rate of local residents for August-October remained unchanged at 2.9% and 4.1%.
Macao’s exports and imports in the first 10 months of the year fell by 18.1% and 7.1% to MOP 8.6 billion (US$1.08 billion) and MOP 67.4 billion respectively.
The number of meeting, incentive, conference and exhibition (MICE) events held in Macao in the third quarter and the total number of participants both increased quarter-to-quarter, the Statistics and Census Bureau (DSEC) announced on Thursday.
Macao’s number of visitor arrivals grew by 29.6% month-to-month to 581,986 last month, the Statistics and Census Bureau (DSEC) said in a statement on Tuesday.
Macao’s value of retail sales rose 29.4%t quarter-to-quarter to MOP 8.92 billion (US$1.12 billion) in the third quarter, the Statistics and Census Bureau (DSEC) said in a statement on Tuesday.
Gaming and junket activities’ share of Macao’s gross domestic product rose by 0.2 percentage points from 50.7 per cent in 2018 to 50.9 per cent last year.
Macao’s gross domestic product (GDP) dropped by 63.8% year-on-year in real terms in the third quarter of this year.
Chief Executive Ho Iat Seng said on Tuesday that only after Covid-19 vaccines are available can Macao’s economy and employment situation improve.