The Macao government expects the local casino industry to generate MOP 130 billion (US$16.25 billion) in gross gaming revenue next year.
Tourism
Some 212,000 guests checked into Macao’s 177 hotels and guesthouses in September, a year-on-year drop of 81%.
Gaming operator SJM Holdings said on Thursday that while it has been “severely impacted” by the COVID-19 outbreak and Macao’s ongoing restrictions on entry from the mainland, Hong Kong and other places, as well as the curtailment of transportation channels and quarantine requirements, it has seen “the beginnings of recovery in visitation, hotel occupancy and visitor spending.”
Local hotels’ occupancy rate has reached 40% even after the end of the mainland’s Golden Week holiday on 8 October.
The 8th Macao International Travel (Industry) Expo (MITE) will be held at The Venetian’s Cotai Expo from 6-8 November.
Macao’s number of visitor arrivals surged by 97.7% month-to-month to 449,085 in September.
Macao recorded 156,300 visitor arrivals during the eight-day National Day/Mid-Autumn Festival Golden Week holiday, the Macao Government Tourism Office (MGTO) announced today.
The local Mandarin Oriental hotel has been awarded 10th place in the “Top 20 Hotels in China” category of the annual Readers’ Choice Awards of Condé Nast Traveler magazine.
A total of 129,967 mainlanders visited Macao between 1-7 October during the National Day/Mid-Autumn Festival Golden Week holiday, a year-on-year decline of 83.6%.