The Henqgin Port saw 20,000 entries.<\/p>\n\n\n\n\n\n\n\n
Macau.-\u00a0The Public Security Police\u00a0<\/strong>has reported that 121,750 visitors arrived in Macau on the first day of the Labour Day Golden Week, which will run until Sunday (May 5). The Border Gate reported 20,000 entering through the Henqgin Port.<\/p>\n\n\n\n The Macao Government Tourism Office (MGTO) has previously estimated that\u00a0the daily number of visitors during the holiday would be around 130,000<\/a>. \u00a0Morgan Stanley Asia<\/a>\u00a0has predicted that the holiday will generate daily gross gaming revenue (GGR) of\u00a0between\u00a0MOP800m (US$99.1m)\u00a0and MOP850m. This would be 73 to 77 per cent of the 2019 level and 5 to 10 per cent below this year\u2019s\u00a0Chinese New Year<\/a>\u00a0between February 10\u00a0and 17.<\/p>\n\n\n\n Last year,\u00a0the city received 491,968 visitors<\/a>\u00a0<\/strong>during the Labour Day holiday, a daily\u00a0average of 98,400.\u00a0Year-to-date numbers are tracking much higher this year, with\u00a0nearly 9 million visitor arrivals recorded in the first quarter<\/a>, 85 per cent of pre-Covid-19 levels.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" The Henqgin Port saw 20,000 entries.<\/p>\n","protected":false},"author":176,"featured_media":25616,"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 Labour Day Golden Week commenced with 121,750 visitor arrivals on its first day, slightly below the Macao Government Tourism Office's 130,000 daily projection. Morgan Stanley Asia forecasts daily Gross Gaming Revenue (GGR) between MOP800m and MOP850m, representing 73-77% of 2019 levels and a 5-10% decline from this year's Chinese New Year period. Year-to-date visitor volumes are tracking at 85% of pre-Covid-19 benchmarks.","focusai_entities":"Public Security Police, Macao Government Tourism Office, Morgan Stanley Asia","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR vs. Q2 Outlook","query":"How do current GGR projections for Labour Day Golden Week align with the broader Q2 2024 outlook for Macau's gaming concessionaires, particularly concerning mass market and VIP segment contributions?"},{"label":"Operational Adjustments","query":"What specific operational and marketing adjustments are Macau's integrated resort operators implementing to address the 5-10% GGR gap observed relative to the Chinese New Year performance?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777015177","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\/777015177","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=777015177"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015177\/revisions"}],"predecessor-version":[{"id":777015180,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015177\/revisions\/777015180"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25616"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777015177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777015177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777015177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}