According to the University of Macau, Macau’s Gross Domestic Product could grow by up to 33.5 per cent in 2021.<\/p>\n\n\n\n\n\n\n\n
Macau.- The University of Macau<\/strong>\u00a0forecasts that the city could see economic growth of up to 33.5 per cent<\/strong>\u00a0in 2021 if tourist arrivals continue to increase.\u00a0<\/p>\n\n\n\n The analysts forecast economic growth of 21.4 per cent<\/strong> if Macau finishes the year with 13.8 million visitor arrivals.<\/p>\n\n\n\n One of the most optimistic forecasts predicts\u00a021.7 million visitor arrivals and economic growth of 33.5 per cent<\/strong>.<\/p>\n\n\n\n Macao Government Tourism Office (MGTO)\u00a0<\/strong>director Maria Helena de Senna Fernandes has said she expects\u00a0a stronger flow of tourists<\/strong>\u00a0from mainland China for the\u00a0Labour Day break<\/strong> on May 1.<\/p>\n\n\n\n During the first days of April,\u00a0Macau received 99,568 tourists<\/a><\/em>. Macau casinos reported\u00a0gross gambling revenue of MOP$8.3bn (US$1.04bn) for March<\/em><\/a>, up 58 per cent year-on-year.<\/p>\n","protected":false},"excerpt":{"rendered":" According to the University of Macau, Macau’s Gross Domestic Product could grow by up to 33.5 per cent in 2021.<\/p>\n","protected":false},"author":176,"featured_media":16756,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's Gross Domestic Product is projected to grow by up to 33.5% in 2021, driven by increasing tourist arrivals, particularly from mainland China. This economic resurgence is further evidenced by Macau casinos reporting MOP$8.3 billion (US$1.04 billion) in Gross Gaming Revenue for March, marking a significant 58% year-on-year increase.","focusai_entities":"University of Macau, Macao Government Tourism Office (MGTO), Maria Helena de Senna Fernandes","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (1.0), affiliate_publisher (0.7), product_ux (0.7), tech_data (0.7), marketing_crm (0.9), payments_fraud_aml (0.8), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Recovery Trajectory","query":"What specific policy interventions or market dynamics are anticipated to sustain the current GGR recovery trajectory beyond the Labour Day holiday period?"},{"label":"Diversification Strategy Impact","query":"How might Macau's projected GDP growth and reliance on tourism impact the long-term diversification strategies for its gaming and non-gaming sectors?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-16752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=16752"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16752\/revisions"}],"predecessor-version":[{"id":16770,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/16752\/revisions\/16770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16756"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=16752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=16752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=16752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}