October\u2019s Golden Week<\/strong> will now be weaker than expected. They expect the city to see a recovery later in the month and into November.<\/p>\n\n\n\nThey added: \u201cLonger term, Individual Visit Scheme eVisa, group visa restart, and Hong Kong travel resumption will be necessary to drive gross gaming revenue (GGR) upwards.\u201d<\/p>\n\n\n\n
Analysts at JP Morgan Securities<\/strong> believe many Chinese tourists will cancel their trips to Macau to avoid being quarantined. <\/p>\n","protected":false},"excerpt":{"rendered":"Ho Iat Seng, Macau’s Chief Executive, has said that even if Zhuhai in Guangdong drops its inbound quarantine, it won’t help Macau’s tourism arrivals for October Golden Week.<\/p>\n","protected":false},"author":176,"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 Chief Executive, Ho Iat Seng, has indicated that even if Zhuhai lifts its inbound quarantine, it will not significantly boost Macau's tourism or gaming sectors for the October Golden Week due to new local COVID-19 cases. Analysts from Bernstein Research and JP Morgan Securities predict a weaker Golden Week, emphasizing that broader travel resumption, including eVisa and Hong Kong travel, is crucial for GGR recovery.","focusai_entities":"Ho Iat Seng, Bernstein Research, JP Morgan Securities","focusai_location":"Macau, Zhuhai, Guangdong, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Impact Analysis","query":"What is the projected GGR decline for Macau's gaming operators during October Golden Week, and how does this compare to previous COVID-19 related downturns?"},{"label":"Regulatory Easing Timeline","query":"What specific public health metrics or regulatory milestones are required for Macau and Zhuhai to ease inbound travel restrictions, including the Individual Visit Scheme eVisa and group visa restart?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-23149","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23149","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=23149"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23149\/revisions"}],"predecessor-version":[{"id":23175,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23149\/revisions\/23175"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=23149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=23149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=23149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}