According to the Public Security Police Force of Macau, at least 5.5 million will make their way into and out of Macau.<\/p>\n\n\n\n\n\n\n\n
Macau.- Forecasts indicate that at least 5.5 million travellers will enter and leave Macau during the Chinee New Year period. The Public Security Police Force of Maca<\/strong>u has projected that numbers will return to levels seen in 2019.<\/p>\n\n\n\n Police representative\u00a0Lei Tak Fai\u00a0<\/strong>told Macau Business he expected a year-on-year increase of 3 per cent in visitor numbers. The peak influx is anticipated on Monday (February 12), with a daily average of 550,000 to 600,000 visitors.<\/p>\n\n\n\n Analysts from Morgan Stanley forecast a 4 per cent month-on-month increase in gross gaming revenue (GGR) for February, reaching MOP20 n (US$2.5bn), with a daily average of MOP691m. Historically, the Chinese New Year festivities have contributed to February’s gaming revenue growth, averaging 5 per cent month-on-month increases from 2016 to 2019, according to analysts Praveen K Choudhary<\/strong> and Gareth Leung<\/strong>.<\/p>\n\n\n\n According to industry reports,\u00a080 to 90 per cent of Macau hotel rooms are already booked<\/a>\u00a0for the holiday period.\u00a0Macau\u2019s GGR for the first 4 days of February<\/a>\u00a0was\u00a0MOP2.5bn (US$310.3m)<\/strong>.\u00a0<\/strong>The figure is similar to January, when the city saw\u00a0a GGR of MOP19.34bn (US$2.4bn)<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":" According to the Public Security Police Force of Macau, at least 5.5 million will make their way into and out of Macau.<\/p>\n","protected":false},"author":176,"featured_media":19390,"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 anticipates 5.5 million travelers during Chinese New Year, with visitor numbers projected to return to 2019 levels and a 3% year-on-year increase. Morgan Stanley forecasts a 4% month-on-month increase in February's Gross Gaming Revenue (GGR) to MOP20 billion (US$2.5 billion), driven by historical holiday trends and high hotel occupancy.","focusai_entities":"Public Security Police Force of Macau, Lei Tak Fai, Macau Business, Morgan Stanley, Praveen K Choudhary, Gareth Leung","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Growth Sustainability?","query":"Given the historical reliance on Chinese New Year for GGR uplift, what are the long-term projections for Macau's gaming revenue growth sustainability beyond peak holiday periods, considering evolving regulatory landscapes and diversification efforts?"},{"label":"Operational Capacity Impact?","query":"With visitor numbers returning to 2019 levels and high hotel occupancy, what specific operational challenges and opportunities do integrated resort operators face in managing this peak influx, particularly concerning staffing, infrastructure, and service quality?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777012968","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\/777012968","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=777012968"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012968\/revisions"}],"predecessor-version":[{"id":777012995,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777012968\/revisions\/777012995"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19390"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777012968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777012968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777012968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}