Occupancy was up 12 percentage points year-on-year.<\/p>\n\n\n\n\n\n\n\n
Macau.- The Macao Government Tourism Office (MGTO) has reported that the average hotel occupancy rate in Macau was 89.7 per cent in February, a rise of 12 percentage points year-on-year. The average hotel room rate rose 28.4 per cent to MOP1,544.9 (US$192).<\/p>\n\n\n\n
The occupancy rate for 5-star hotels was 90.9 per cent. The rates for 4-star and 3-star hotels were 82.4 per cent and 92.0 per cent, respectively. For the period spanning January to February 2024, the average hotel occupancy rate reached 90.6 per cent, accompanied by an average room rate of MOP1,470.7.<\/p>\n\n\n\n
In February,\u00a0Macau received 3,293,564 visitors<\/a>. The figure was up 106.7 per cent in year-on-year terms and up 15.1 per cent\u00a0when compared to the previous month<\/a>. It was 92.9 per cent of the pre-pandemic figure from 2019.<\/p>\n","protected":false},"excerpt":{"rendered":" Occupancy was up 12 percentage points year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":21513,"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 hotel sector demonstrated robust recovery in February 2024, with average occupancy reaching 89.7% and room rates increasing by 28.4% year-on-year. Visitor arrivals surged by 106.7% compared to the previous year, nearing pre-pandemic levels at 92.9% of 2019 figures, indicating strong market rebound.","focusai_entities":"Macao Government Tourism Office (MGTO)","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), marketing_crm (0.75), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.85)","focusai_suggestions":[{"label":"GGR Correlation?","query":"How do these hotel occupancy and visitor figures correlate with the Gross Gaming Revenue (GGR) performance of Macau's integrated resorts for the same period?"},{"label":"Visitor Demographics?","query":"What is the demographic breakdown of these visitors, and how does it influence the gaming and non-gaming revenue mix for operators in Macau?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777014326","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\/777014326","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=777014326"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014326\/revisions"}],"predecessor-version":[{"id":777014342,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014326\/revisions\/777014342"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21513"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777014326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777014326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777014326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}