Information from the Statistics and Census Service (DSEC) indicated that a total of 447,000 guests checked into Macau hotels and guesthouses in January, a decline of 58.6 percent year-on-year.
Macau GGR recovery will be driven by premium mass, whilst Cambodia’s gaming recovery will be driven by the VIP segment, according to analysts at Colliers International.
Wyndham Hotels & Resorts has opened its first hotel in Cambodia, the Howard Johnson Plaza by Wyndham Blue Bay Sihanoukville, claiming to be the town's first international five star property.
Information from the Statistics and Census Service (DSEC) indicates that a total of 120 hotels and guesthouses were open for business in December 2020, with the average occupancy rate of guest rooms at 53.1%, representing a month-to-month growth of 9.1 percent.
Redcape Hotel Group Management has announced that it has acquired two more hotels in Queensland, the Shafston Hotel at Kangaroo Point and the Aspley Hotel.
The SkyCity Entertainment Group announced earlier this morning several positive developments in regard to its facility in Adelaide, South Australia.
Redcape Hotel Group has exchanged contracts to acquire the Gladstone Hotel, Dulwich Hill, in New South Wales for a purchase price of A$38 million (US$28 million). The hotel includes a sports betting bar.
The Grand Suites at Four Seasons, the new all-suite tower of Four Seasons Hotel Macao, is now open, according to a press release issued on Tuesday.
Morpheus at City of Dreams by Melco Resorts & Entertainment has been named ‘Best New Hotel in Macao’ by the 13th Annual TTG China...
The average occupancy rate of guest rooms in Macau fell by 76.9 percent in February, due mainly to the ongoing coronavirus pandemic, according to...