MGTO figures show that daily visitors for the first three days of August exceeded 93,000.<\/p>\n\n\n\n\n\n\n\n
Macau.- Cheng Wai Tong<\/strong>, deputy director of the Macao Government Tourism Office (MGTO)<\/strong> has forecast that daily visitor numbers in August will surpass the 89,000 average per day achieved in July. He said preliminary data for the first three days of August indicated an average of 93,000.<\/p>\n\n\n\n During an event on Friday, he said mainland China and Hong Kong markets showing more pronounced signs of revival compared to the slower pace of recovery from international markets.\u00a0<\/p>\n\n\n\n Higher visitor numbers do not necessarily equate to higher gross gaming revenue (GGR). Historically, revenue has been attributed more to high-stakes players than mass-market visitors. However, analysts at\u00a0Citigroup<\/strong>, have forecast that GGR could reach MOP17bn (US$2.12bn)<\/a> in August, potentially surpassing the post-pandemic monthly record set last month, when\u00a0Macau\u2019s GGR reached MOP16.66bn (US$2.07bn)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" MGTO figures show that daily visitors for the first three days of August exceeded 93,000.<\/p>\n","protected":false},"author":176,"featured_media":22886,"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 is demonstrating robust recovery, with daily visitor numbers in early August exceeding July's average, primarily driven by mainland China and Hong Kong markets. While increased visitation does not always directly correlate with Gross Gaming Revenue (GGR), Citigroup analysts project August GGR to reach MOP17bn, potentially surpassing July's post-pandemic record of MOP16.66bn.","focusai_entities":"Macao Government Tourism Office, MGTO, Cheng Wai Tong, Citigroup","focusai_location":"Macau, China, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Segment Breakdown?","query":"What is the projected GGR contribution breakdown between mass-market and VIP segments for August, given the historical trend of high-stakes players driving revenue?"},{"label":"Visitor Demographics Impact?","query":"How do current visitor demographics and spending patterns compare to pre-pandemic levels, and what are the implications for long-term market strategy and product development?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777007953","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\/777007953","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=777007953"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007953\/revisions"}],"predecessor-version":[{"id":777007988,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007953\/revisions\/777007988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/22886"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}