Latest figures from the Macau Government Tourism Office reveal a drop in stays at 5-star and 4-star hotels.<\/p>\n\n\n\n\n\n\n\n
Macau.- The Macau Government Tourism Office has published the latest occupation numbers which reveal a decline in occupancy at 5-star and 4-star hotels. According to the report, Macau\u2019s hotels reached a combined occupancy rate of 91.0% in 2019, down 0.9% percentage points over the previous year.<\/p>\n\n\n\n
There was a 0.9 percentage point decline in occupancy at 5-star hotels to 92.3% and a 7.5 percentage point fall in 4-star hotel occupancy to 84.9%. Conversely, 3-star hotels enjoyed a 7.5 percentage point increase to 94.4%.<\/p>\n\n\n\n
No reasons were provided for the changes but analysts had already warned about the impact the recent visit of Chinese President Xi Jinping would have on the city. They have attributed a 13.7% year-on-year decline in Macau\u2019s gross gaming revenue in December to tightened visa controls and heightened security measures ahead of the Jinping official tour for the SAR\u2019s 20th anniversary celebrations. <\/p>\n\n\n\n
In December, occupancy across all hotels fell to 90.6% from 96.6% during the same period last year. All hotel segments suffered falling occupancy rates in December, with 5-star hotels down from 96.5% to 94.1% and 4-star hotels falling by 20.3 percentage points to 75.3%.<\/p>\n","protected":false},"excerpt":{"rendered":"
Latest figures from the Macau Government Tourism Office reveal a drop in stays at 5-star and 4-star hotels.<\/p>\n","protected":false},"author":2,"featured_media":0,"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 5-star and 4-star hotels experienced a decline in occupancy rates in 2019, with a significant drop across all segments in December. This downturn, alongside a 13.7% year-on-year GGR decline in December, is attributed to tightened visa controls and heightened security measures implemented during Chinese President Xi Jinping's visit for the SAR's 20th-anniversary celebrations.","focusai_entities":"Macau Government Tourism Office, Xi Jinping","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), operator_casino (0.95), investor_analyst (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook?","query":"What is the projected GGR outlook for Macau in Q1 2020, considering the sustained impact of tightened visa controls and potential for future high-profile visits?"},{"label":"Operator Revenue Impact?","query":"How have major Macau casino operators adjusted their revenue forecasts and operational strategies in response to the December 2019 GGR and hotel occupancy declines?"}],"footnotes":""},"categories":[160,16338,163],"tags":[29,257,2131],"class_list":["post-2119","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-east-asia-news","category-finance-news","tag-casino","tag-macau","tag-resort"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2119","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=2119"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2119\/revisions"}],"predecessor-version":[{"id":2134,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2119\/revisions\/2134"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=2119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=2119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=2119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}