{"id":777011520,"date":"2023-11-29T08:31:49","date_gmt":"2023-11-29T11:31:49","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777011520"},"modified":"2026-04-22T15:09:14","modified_gmt":"2026-04-22T18:09:14","slug":"macau-hotel-occupancy-rate-reaches-82-8-in-october","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-hotel-occupancy-rate-reaches-82-8-in-october","title":{"rendered":"Macau hotel occupancy rate reaches 82.8% in October"},"content":{"rendered":"\n

Occupancy was up 41.1 percentage points year-on-year.<\/p>\n\n\n\n\n\n\n\n

Macau.-\u00a0The Statistics and Census Service (DSEC)\u00a0has reported that the average hotel occupancy rate in Macau was 82.8 per cent in October, a rise of 41.1 percentage points year-on-year.\u00a0There was an increase in hotels to 137, up by 19 units from last year. The number of available rooms was 46,000, up 24.8 per cent.<\/p>\n\n\n\n

Both 5-star and 2-star hotels surpassed 80 per cent average occupancy to 85.6 per cent and 83.1 per cent, respectively. These figures were up 45.4 and 33.7 percentage points compared to last year.<\/p>\n\n\n\n

The month saw a 151.8 per cent year-on-year increase in the number of guests to 1,247,000. There were 904,000 guests from mainland China, an increase of 131.2 per cent. Hong Kong and Taiwan guests rose by 787 per cent and 503.10 per cent, respectively. The average length of stay was 1.6 nights. <\/p>\n\n\n\n

The cumulative average occupancy for the first 10 months of 2023 was up by 43 percentage points year-on-year at 80.9 per cent.\u00a0The number of guests was up 159.9 per cent at 11,041,000. The average length of stay was down 0.1 nights at 1.7 nights.<\/p>\n\n\n\n

Tourism authorities had anticipated a rise in October due to\u00a0October Golden Week, when 932,365 people visited Macau, and\u00a0the Macau Grand Prix, which attracted 145,000 spectators. Macau\u2019s GGR for October was up 30.6 per cent\u00a0month-on-month<\/a>, rising from MOP14.94bn in September to MOP19.50bn (US$2.42bn). GGR was up 400.2 per cent when compared to last October.<\/p>\n\n\n\n

The figure is the highest since January 2020 when the Covid-19 pandemic began, when GGR was MOP22.13bn.\u00a0Cumulatively, Macau\u2019s GGR for the first ten months of 2023 was MOP148.44bn (US$18.44bn), up 315.6 per cent compared to the same period in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

Occupancy was up 41.1 percentage points year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":21299,"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 gaming and tourism sectors demonstrated robust recovery in October 2023, with average hotel occupancy reaching 82.8% and a significant 151.8% year-on-year increase in guest arrivals. Gross Gaming Revenue (GGR) surged to MOP19.50bn (US$2.42bn), marking a 400.2% year-on-year increase and the highest monthly figure since January 2020, driven by events like Golden Week and the Macau Grand Prix.","focusai_entities":"Statistics and Census Service (DSEC)","focusai_location":"Macau, China, Hong Kong, Taiwan","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Recovery Sustainability?","query":"What are the projections for Macau's GGR and tourism recovery trajectory in Q4 2023 and H1 2024, considering the current growth drivers and potential macroeconomic headwinds?"},{"label":"Operator Profitability Impact?","query":"How will the reported surge in GGR and hotel occupancy translate into improved EBITDA margins and net profitability for the concessionaires operating in Macau, particularly given increased operational costs?"}],"footnotes":""},"categories":[157,16338],"tags":[23907],"class_list":["post-777011520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011520","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=777011520"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011520\/revisions"}],"predecessor-version":[{"id":777011523,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011520\/revisions\/777011523"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21299"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777011520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}