{"id":777012648,"date":"2024-01-25T10:02:14","date_gmt":"2024-01-25T13:02:14","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777012648"},"modified":"2026-04-22T13:40:23","modified_gmt":"2026-04-22T16:40:23","slug":"macau-5-star-hotel-occupancy-rate-reaches-91-2-in-december","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-5-star-hotel-occupancy-rate-reaches-91-2-in-december","title":{"rendered":"Macau 5-star hotel occupancy rate reaches 91.2% in December"},"content":{"rendered":"\n

Occupancy rates reached 91.2 per cent for five-star hotels and 86.5 per cent for four-star hotels in December 2023.<\/p>\n\n\n\n\n\n\n\n

Macau.-\u00a0The Macao Government Tourism Office (MGTO)\u00a0has reported that Macau’s five-star hotels had\u00a0an average rate of 91.2 per cent in December. The average five-star room rate was MOP1,773.2 (US$220.19), up 29.3 per cent when compared to MOP1,371.3 in January 2023.<\/p>\n\n\n\n

For the full year 2023, the five-star occupancy was 85.8 per cent, and the average nightly rate was MOP1,509.9. For full year 2019, the five-star occupancy was 92.3 per cent, and the average nightly rate was MOP1,644.0.<\/p>\n\n\n\n

In the four-star hotel category, December 2023 occupancy was 86.5 per cent, up from 70.1 per cent in January 2023.<\/p>\n\n\n\n

According to MGTO, in November 2023, Macau had 27,800 operational five-star rooms, a 23 per cent increase compared to January 2023. In December 2019, Macau had 24,600 five-star rooms. The four-star room inventory as of November was 9,100, 19.7 per cent more than in January. The average nightly rate for a four-star room in December rose to MOP998.9, a 23.9 per cent increase from January.\u00a0<\/p>\n\n\n\n

See also:<\/strong> Macau visitor arrivals up 656% in December 2023<\/a><\/p>\n\n\n\n

For the full year of 2023, four-star hotel occupancy stood at 80.7 per cent, with an average room price of MOP955.7.<\/p>\n\n\n\n

Macau registered 28.2m visitor arrivals in 2023<\/a>, with a daily average of circa 77,000 tourists. This figure was up 394.9 per cent year-on-year and was equivalent to 70 per cent of pre-pandemic 2019 levels. Overnight visitors (14,227,229) and same-day visitors (13,985,774) experienced year-on-year increases of 472.7 per cent and 334.8 per cent, respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"

Occupancy rates reached 91.2 per cent for five-star hotels and 86.5 per cent for four-star hotels in December 2023.<\/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 tourism sector demonstrated robust recovery in December 2023, with five-star hotel occupancy reaching 91.2% and four-star at 86.5%. Full-year 2023 visitor arrivals hit 28.2 million, representing 70% of pre-pandemic 2019 levels, signaling a significant rebound in the region's integrated resort market.","focusai_entities":"Macao Government Tourism Office","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Impact","query":"How do these robust hotel occupancy and visitor arrival figures translate into projected Gross Gaming Revenue (GGR) for Macau's concessionaires in Q4 2023 and FY 2024?"},{"label":"Capital Allocation Strategy","query":"What are the implications of this market recovery for the capital expenditure plans and non-gaming investment strategies of integrated resort operators in Macau?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777012648","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\/777012648","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=777012648"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012648\/revisions"}],"predecessor-version":[{"id":777012655,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012648\/revisions\/777012655"}],"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=777012648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}