{"id":33300,"date":"2022-09-07T03:21:36","date_gmt":"2022-09-07T06:21:36","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=33300"},"modified":"2026-04-23T05:08:16","modified_gmt":"2026-04-23T08:08:16","slug":"macau-tourism-sector-hoping-for-rebound-in-october-golden-week","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-tourism-sector-hoping-for-rebound-in-october-golden-week","title":{"rendered":"Macau tourism sector hoping for rebound in October Golden week"},"content":{"rendered":"\n

The recovery of the tourism sector during the National holidays will depend on a relaxation of the Covid-19 countermeasures in mainland China.<\/p>\n\n\n\n\n\n\n\n

Macau.- Although the government of Macau has begun to relax its Covid-19 countermeasures reopening its borders to 41 countries<\/a>, all eyes are mainland China for the success or failure of the October Golden Week. <\/p>\n\n\n\n

Andy Wu Keng Kuong<\/strong>, president of the Macau Travel Industry Council, told GGRAsia that if Chinese authorities can tackle Covid outbreaks and ease testing rules for travellers, Macau\u2019s tourism sector might get a boost in time for the national holiday. <\/p>\n\n\n\n

In 2021, only\u00a08,159 people<\/strong>\u00a0arrived in Macau during the October Golden week due to a new outbreak of Covid-19 cases. The daily average of visitors was\u00a0down 93.7 per cent\u00a0<\/strong>compared with the previous year. In\u00a0October Golden Week 2020<\/a>, 156,300 visitors travelled to Macau.<\/p>\n\n\n\n

This year, China’s State Council has designated October 1 to 7 as Golden Week. Authorities in mainland China reported 1,499 new cases of Covid-19 infection on Monday (September 5)<\/strong>, most of them asymptomatic. In Guangdong province bordering Macau, 58 new local Covid-19 infections were registered on Monday in cities including Shenzhen, Guangzhou, Huizhou and Jiangmen.<\/p>\n\n\n\n

The Chinese mainland is the only place to have a largely quarantine-free travel arrangement with Macau. However, China’s strict zero-Covid-19 strategy with periodic mass testing and lockdowns has impacted tourism heavily.<\/p>\n\n\n\n

Macau GGR could be up 70% in September, analysts say<\/h2>\n\n\n\n

Sanford C. Bernstein Ltd<\/strong> has reported that Macau recorded MOP88m in daily gross gambling revenue for the first week of September. That was up 12 per cent when compared to the previous week.<\/p>\n\n\n\n

Based on the figures, analysts now forecast Macau\u2019s GGR for September could be up 70 per cent when compared to last month<\/a> and down 83 per cent versus pre-pandemic levels. As ever, analysts pointed out that revenue \u201ccould be lower if China Covid-19 outbreaks further hurt travel sentiment and visitation into Macau does not pick up.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The recovery of the tourism sector during the National holidays will depend on a relaxation of the Covid-19 countermeasures in mainland China.<\/p>\n","protected":false},"author":176,"featured_media":26697,"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 tourism sector and projected September GGR recovery are critically dependent on mainland China's relaxation of its stringent zero-COVID policy, particularly for the upcoming October Golden Week. Analysts forecast a significant GGR uplift for September compared to August, though still substantially below pre-pandemic levels, with future performance contingent on travel sentiment and visitation. The current daily GGR shows a modest increase, but overall recovery remains fragile.","focusai_entities":"Andy Wu Keng Kuong, Macau Travel Industry Council, GGRAsia, Sanford C. Bernstein Ltd, China's State Council","focusai_location":"Macau, China, Guangdong province, Shenzhen, Guangzhou, Huizhou, Jiangmen","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Q4 GGR?","query":"What is the projected GGR impact for Macau in Q4, assuming a continued gradual relaxation of mainland China's zero-COVID policy and sustained visitation during subsequent holiday periods?"},{"label":"Operator Contingency Plans?","query":"How are Macau's integrated resort operators adjusting their operational and marketing strategies to mitigate risks associated with unpredictable mainland China travel restrictions and potential future outbreaks?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-33300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33300","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=33300"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33300\/revisions"}],"predecessor-version":[{"id":33315,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33300\/revisions\/33315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26697"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=33300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=33300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=33300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}