Macau hotel occupancy rates during October Golden Week will surpass those of 2019, hoteliers say.<\/p>\n\n\n\n\n\n\n\n
Macau.- October Golden Week<\/strong> is expected to see higher hotel occupancy rates than in 2019 before the Covid-19 pandemic. In an interview with Macau News Agency (MNA), Luis Heredia<\/strong>, president of the Macau Hotel Association, said: “We are very optimistic, hoping that all conditions are favourable for travel, and the hotels are ready to welcome tourists and provide quality services.”<\/p>\n\n\n\n Meanwhile, chairman\u00a0Wong Suk Yan<\/strong> said casino resorts in Cotai are well-positioned to achieve full occupancy and that those situated on the Macau Peninsula are expected to see occupancy rates ranging from 60 to 70 per cent.<\/p>\n\n\n\n As for prices, budget hotel rooms fall within the range of MOP1,500 to MOP2,000, while larger gaming resorts have rates ranging from MOP3,000 to MOP4,000.<\/p>\n\n\n\n The Macau Hoteliers & Innkeepers Association had already forecast that Macau would see close to\u00a0full hotel occupancy<\/a>. The Macao Government Tourism Office (MGTO) has raised its daily visitor arrival forecast for October\u2019s Golden Week by more than 10 per cent and now expects an average of \u201cover 100,000\u201d visitors daily<\/a>. In 2022, 182,000 visitors arrived<\/a>\u00a0during the national holiday.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" Macau hotel occupancy rates during October Golden Week will surpass those of 2019, hoteliers say.<\/p>\n","protected":false},"author":176,"featured_media":22443,"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 hotel occupancy rates for October Golden Week are projected to exceed 2019 levels, with Cotai casino resorts anticipating full occupancy and the Macau Peninsula expecting 60-70%. The Macao Government Tourism Office has increased its daily visitor forecast to over 100,000, indicating a robust recovery in tourism and potential uplift for integrated resort GGR.","focusai_entities":"Luis Heredia, Macau Hotel Association, Wong Suk Yan, Macau Hoteliers & Innkeepers Association, Macao Government Tourism Office (MGTO)","focusai_location":"Macau, Cotai, Macau Peninsula","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), tech_data (0.7), payments_fraud_aml (0.7), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Impact Analysis?","query":"What is the projected GGR uplift for Macau's integrated resorts during October Golden Week, considering the anticipated hotel occupancy and visitor arrival figures?"},{"label":"Operational Readiness Assessment?","query":"How are Macau's integrated resort operators adjusting their staffing, F&B, and gaming floor capacities to manage the expected surge in visitors and optimize revenue capture?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777009479","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\/777009479","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=777009479"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009479\/revisions"}],"predecessor-version":[{"id":777041280,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009479\/revisions\/777041280"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/22443"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777009479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777009479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777009479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}