The MGTO expects 120,000 tourists per day.<\/p>\n\n\n\n\n\n\n\n
Macau.- Sands China president Wilfred Wong Ying Wai<\/strong> has predicted that Macau could generate up to MOP20bn (US$2.5bn) in GGR this month. Wong based his estimates on the Macau Government Tourist Office’s (MGTO) estimate that\u00a0the city could receive more than 960,000 visitors during the holiday period<\/a>, approximately 120,000 per day.<\/p>\n\n\n\n He told Macau Daily News that all Sands China hotels were “fully booked” during the first few days of the holiday, which concludes this weekend.<\/p>\n\n\n\n In December, hotel occupancy rates were up by 43.1 percentage points in year-on-year terms to nearly 86 per cent, according to Statistics and Census Service data. Macau\u2019s GGR for January<\/a>\u00a0was MOP19.34bn (US$2.4bn). That\u2019s a rise of 4.5 per cent\u00a0month-on-month<\/a>. Revenue was up 67 per cent year-on-year and represented the second-best monthly performance since the Covid-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":" The MGTO expects 120,000 tourists per day.<\/p>\n","protected":false},"author":176,"featured_media":26755,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Sands China President Wilfred Wong Ying Wai projects Macau's Gross Gaming Revenue (GGR) could reach MOP20bn (US$2.5bn) this month, driven by an estimated 960,000 visitors during the holiday period, averaging 120,000 daily. This forecast follows January's GGR of MOP19.34bn (US$2.4bn), which marked a 67% year-on-year increase and the second-best monthly performance since the Covid-19 pandemic. Sands China hotels reported full occupancy during the initial days of the holiday, underscoring robust market recovery.","focusai_entities":"Sands China, Wilfred Wong Ying Wai, Macau Government Tourist Office, Statistics and Census Service","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR sustainability?","query":"What are the key drivers for sustaining Macau's GGR growth beyond holiday periods, and what long-term projections are being considered by major operators?"},{"label":"Impact on Sands China?","query":"How do these GGR projections and occupancy rates specifically impact Sands China's Q1 financial outlook and its competitive strategy within the Macau market?"}],"footnotes":""},"categories":[157,16338],"tags":[21680],"class_list":["post-777013165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-sands-china"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013165","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=777013165"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013165\/revisions"}],"predecessor-version":[{"id":777013174,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013165\/revisions\/777013174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26755"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}