{"id":777013254,"date":"2024-02-19T08:52:20","date_gmt":"2024-02-19T11:52:20","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777013254"},"modified":"2026-04-22T12:54:20","modified_gmt":"2026-04-22T15:54:20","slug":"macau-hotel-occupancy-rate-reaches-95-2-during-chinese-new-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-hotel-occupancy-rate-reaches-95-2-during-chinese-new-year","title":{"rendered":"Macau hotel occupancy rate reaches 95.2% during Chinese New Year"},"content":{"rendered":"\n<p>The occupancy rate peaked on the fourth day of the holiday period.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- <strong>The Macao Government Tourism Office (MGTO)<\/strong> has reported that the city&#8217;s average hotel occupancy rate peaked at 95.2 per cent during the Chinese New Year golden week, from February 10 to 17. On February 13, the fourth day of the holiday period, the rate reached its highest point at 98 per cent, following Macau&#8217;s second-highest single-day visitation record of <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-records-217448-tourist-arrivals-on-third-day-of-chinese-new-year\" target=\"_blank\" rel=\"noreferrer noopener\">217,448 visitors the day before<\/a>.<\/p>\n\n\n\n<p>The MGTO reported that the average room rate was up 23.4 per cent year-on-year at MOP1,922 (US$240). <\/p>\n\n\n\n<p>There were<strong> 1,357,064 visitor arrivals<\/strong> over the eight days, translating to a daily average of 169,631. The figure exceeded\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-expects-120000-daily-visitors-for-chinese-new-year\" target=\"_blank\" rel=\"noreferrer noopener\">forecasts by tourism authorities<\/a>. The <strong>daily average visitation from mainland China surpassed pre-pandemic levels, reaching 129,000<\/strong>. Tourists numbers from Hong Kong reached 98 per cent with an average daily count of 32,000. Visitors from outside Greater China reached 79 per cent of pre-pandemic levels with a daily average of 6,600.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The occupancy rate peaked on the fourth day of the holiday period.<\/p>\n","protected":false},"author":176,"featured_media":26797,"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 performance during the Chinese New Year golden week, with hotel occupancy rates peaking at 98% and average room rates increasing by 23.4% year-on-year. Total visitor arrivals significantly exceeded forecasts, driven by mainland China visitation surpassing pre-pandemic levels, signaling a strong recovery trajectory for the region's integrated resorts and their associated gaming and non-gaming verticals.","focusai_entities":"Macao Government Tourism Office (MGTO)","focusai_location":"Macau, Hong Kong, China","focusai_target_profile":"ceo_executive (0.95), operator_casino (0.98), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q1 GGR Outlook","query":"What is the projected impact of this robust visitation and hotel occupancy data on Macau's Q1 GGR, particularly for the integrated resort operators and their respective gaming verticals?"},{"label":"Non-Gaming Revenue Growth","query":"Given the strong hotel occupancy and average room rate uplift, what is the anticipated growth trajectory for non-gaming revenue streams across Macau's concessionaires?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777013254","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\/777013254","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=777013254"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013254\/revisions"}],"predecessor-version":[{"id":777013287,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013254\/revisions\/777013287"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26797"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}