Average daily visitor arrivals to Macau exceeded 21,000 around the New Year’s Day between December 31 and January 3, while the average occupancy rate of local hotels exceeded 67 percent. On New Year’s Eve, Macau registered 30,747 visitor arrivals, the highest daily record over the last eleven months.
Star Entertainment Group’s newest development the Queens Wharf casino and entertainment complex will be geared towards attracting luxury tourists rather than high-rollers when it opens in 2022, according to chief executive officer Matt Bekier.
The Macau government is considering the possibility of easing its months-long ban on foreigners entering the territory, provided that they enter from Covid-19 low-risk areas, such as the Chinese mainland.
International tourists arrivals plunged by an annualised 70 percent during the first eight months of 2020 because of the coronavirus pandemic, the World Tourism Organization (WTO) has reported.
Tim McNally checks in with Asia Gaming Brief Asia editor Felix Ng to discuss the moves that NagaCorp has been making to offset the decline in international visitation this year. McNally also comments on NagaCorp’s initial thoughts on the China Tourism Blacklist, which we have discussed extensively over the past few weeks.
Arrivals to Macau surged by 97.7 percent month-to-month to 449,085 last month, according to the Statistics and Census Bureau (DSEC). Meanwhile, hotel occupancy reached 16.4 percent.
The infographics highlight the power that Chinese tourists have in fuelling tourism market growth (pre-Covid) in Asia. Casino-related spend is at the forefront of growth in Macau in particular, whilst gaming could also be shaping overall tourism spend in the Philippines, Cambodia, and Vietnam.
Goa Tourism Policy 2020, approved by the state Cabinet this week, aims to make the state one of the safest tourism destinations in the world.
Information from the Statistics and Census Service (DSEC) indicated that the Tourist Price Index for the third quarter of 2020 dropped by 11.40 prices year-on-year, including a more than 14.7 percent fall in accommodation prices.
Macau tourist spending fell by 70.4 percent year-on-year in the first quarter of 2020, due mainly to a sharp decline in visitors in the...