when compared to the previous month<\/a> and a rise of 375.1 per cent on year-on-year terms.<\/p>\n\n\n\nIn the first ten months of 2023, Macau has seen a 358.8 per cent year-on-year growth in visitor arrivals to 22,685,476. <\/p>\n","protected":false},"excerpt":{"rendered":"
The schemed resulted in more than 994,000 hotel stays in the first ten months of the year.<\/p>\n","protected":false},"author":176,"featured_media":26542,"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 government-led tourism campaigns, offering significant hotel and flight discounts, generated CNY1.1bn (US$154.2m) in bookings and over 994,000 hotel stays in the first ten months of 2023. These initiatives, primarily targeting mainland Chinese visitors, contributed to a 358.8% year-on-year growth in visitor arrivals, reaching 22.68 million by October.","focusai_entities":"Macao Government Tourism Office (MGTO), Statistics and Census Service (DSEC)","focusai_location":"Macau, China, Taiwan, Guangdong","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), operator_casino (1.0), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Uplift Projection?","query":"What is the projected Gross Gaming Revenue (GGR) uplift for Macau's concessionaires, considering the reported 358.8% year-on-year visitor arrival growth and the efficacy of the MGTO's promotional campaigns?"},{"label":"Sustainability of Growth?","query":"Given the reliance on promotional subsidies, what is the long-term sustainability of Macau's tourism growth trajectory, and what are the plans for transitioning to organic demand drivers?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777011342","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\/777011342","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=777011342"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011342\/revisions"}],"predecessor-version":[{"id":777040923,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011342\/revisions\/777040923"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26542"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777011342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}