{"id":777004929,"date":"2023-05-05T12:55:26","date_gmt":"2023-05-05T15:55:26","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777004929"},"modified":"2026-04-22T22:15:22","modified_gmt":"2026-04-23T01:15:22","slug":"sands-china-hotels-operating-at-90-capacity-during-labour-day-holiday","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sands-china-hotels-operating-at-90-capacity-during-labour-day-holiday","title":{"rendered":"Sands China hotels operating at 90% capacity during Labour Day holiday"},"content":{"rendered":"\n

Sands China’s offered more rooms, overcoming problems related to the labour shortage.<\/p>\n\n\n\n\n\n\n\n

Macau.- Sands China <\/strong>says its hotel rooms operated at 90 per cent capacity during the recent Labour Day holiday<\/strong>, marking an improved situation amid Macau’s labour shortage. Some 30 per cent of its hotel rooms had been unused in the first quarter of 2023.<\/p>\n\n\n\n

Speaking to the media, president and executive director Wilfred Wong Ying Wai<\/strong> said: “It was basically full during two of the five days. We also managed to achieve an occupancy rate of 97 per cent in three days.”<\/p>\n\n\n\n

During the event, Maria Helena de Senna Fernandes<\/strong>, the director of the Macau Government Tourist Office, said only 2,000 hotel rooms were unavailable during the holiday period. The latest government data shows that as of March 2023, there are 126 hotels in Macau offering 39,000 rooms<\/strong>.<\/p>\n\n\n\n

Sands China reported adjusted property EBITDA of MOP3.22 bn (US$398m)<\/a>, or about 45 per cent of 2019 levels, for Q1. It’s due to hold the opening of its Londoner Macao resort<\/strong> in Cotai in three weeks. Wong saod manpower challenges would be overcome ahead of the opening.<\/p>\n\n\n\n

The company is preparing for promotions in Singapore in early June and expanding offices abroad to attract more customers from Japan, South Korea, and Southeast Asia. The four-day 2023 Sands Shopping Carnival will take place between July 20 and 23, featuring 580 booths across 11 exhibition zones.<\/p>\n\n\n\n

Macau received 491,968 visitors during Labour Day holiday<\/h2>\n\n\n\n

Preliminary data released by Macau\u2019s Public Security Police show the number of tourist arrivals during China\u2019s Labour Day period (April 29 to May 3) reached 491,968<\/strong>. That\u2019s a daily average of just below 98,400<\/strong>. The police did not provide a year-on-year comparison, but the number of arrivals on Sunday, April 30 (133,911) was the highest daily total since early 2020 before the Covid-19 pandemic.<\/p>\n\n\n\n

Almost 62 per cent of tourists, approximately 303,000, entered Macau through border checkpoints solely serving mainland China. Analysts at Credit Suisse<\/a> predicted daily gross gaming revenue (GGR) of up to MOP750m (US$92.8m) <\/strong>for the holiday period.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sands China’s offered more rooms, overcoming problems related to the labour shortage.<\/p>\n","protected":false},"author":176,"featured_media":26755,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Sands China reported significant hotel occupancy improvements in Macau during the Labour Day holiday, reaching 90% despite prior labour shortages, and anticipates overcoming these challenges for the upcoming Londoner Macao opening. The region experienced robust tourist arrivals, with nearly 500,000 visitors, driving strong Q1 adjusted property EBITDA for Sands China and prompting Credit Suisse to project substantial holiday GGR. The company is also expanding international marketing efforts to attract visitors from key Asian markets.","focusai_entities":"Sands China, Wilfred Wong Ying Wai, Maria Helena de Senna Fernandes, Macau Government Tourist Office, Public Security Police, Credit Suisse","focusai_location":"Macau, Cotai, Singapore, Japan, South Korea, Southeast Asia, China","focusai_target_profile":"ceo_executive (0.95), regulator (0.8), operator_casino (0.9), marketing_crm (0.85), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Labour Impact Mitigation","query":"What specific human capital strategies is Sands China implementing to mitigate ongoing labour shortages, particularly ahead of the Londoner Macao's full operational launch, and what is the projected impact on operational expenditure?"},{"label":"GGR Recovery Trajectory","query":"Given the strong Labour Day holiday GGR projections and Q1 EBITDA, what is Credit Suisse's revised full-year GGR forecast for Macau, and how does Sands China's market share compare to pre-pandemic levels?"}],"footnotes":""},"categories":[157,16338],"tags":[21680],"class_list":["post-777004929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-sands-china"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004929","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=777004929"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004929\/revisions"}],"predecessor-version":[{"id":777004966,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004929\/revisions\/777004966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26755"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777004929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777004929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777004929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}