Macau’s H1 hotel occupancy rate was 10.3 percentage points below pre-pandemic levels.<\/p>\n\n\n\n\n\n\n\n
Macau.-\u00a0The Macao Government Tourism Bureau (MGTO)\u00a0has reported the average occupancy rate of three- to five-star hotels is approaching pre-pandemic numbers. Based on 44 establishments in the Macau Hotel Association, the MGTO reported that the three- to five-star occupancy rate for the first half of this year was 82 per cent \u2013 10.3 percentage points below the equivalent period in 2019. <\/p>\n\n\n\n
In H1 2022, the rate was just 40.2 per cent. In comparison, the first half of 2023 saw a 41.8 percentage point improvement and a 58.2 per cent increase in the average nightly room rate to MOP1,247.0 (US$155.04).\u00a0<\/p>\n\n\n\n
Three-star hotels achieved the highest occupancy rate at 88.7 per cent, with an average room rate of MOP937.8.\u00a0The four-star category room rate rose by 117.5 per cent to MOP937.1, with an occupancy rate of 77.4 per cent. Five-start hotels reached 81.7 per cent in occupancy at an average room rate of MOP1,408.6.<\/p>\n\n\n\n
The director of MGTO, Maria Helena de Senna Fernandes, predicts a promising outlook, asserting that hotel occupancy rates could reach as high as 90 per cent in July and August.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Macau’s H1 hotel occupancy rate was 10.3 percentage points below pre-pandemic levels.<\/p>\n","protected":false},"author":176,"featured_media":21776,"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 three- to five-star hotels achieved an 82% occupancy rate in H1, a significant recovery from 40.2% in H1 2022, though still 10.3 percentage points below pre-pandemic levels. Average nightly room rates increased by 58.2% to MOP1,247.0, with the Macao Government Tourism Bureau predicting occupancy could reach 90% in July and August.","focusai_entities":"Macao Government Tourism Bureau, MGTO, Macau Hotel Association, Maria Helena de Senna Fernandes","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.9), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"H1 GGR Correlation?","query":"How do these H1 hotel occupancy and average daily room rate figures correlate with Macau's H1 Gross Gaming Revenue (GGR) performance, particularly concerning non-gaming revenue contributions?"},{"label":"Closing Occupancy Gap?","query":"What specific operational and marketing strategies are Macau's integrated resort concessionaires implementing to bridge the remaining 10.3% occupancy gap to pre-pandemic levels?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777007645","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\/777007645","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=777007645"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007645\/revisions"}],"predecessor-version":[{"id":777007672,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007645\/revisions\/777007672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21776"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}