{"id":777015314,"date":"2024-05-08T09:39:58","date_gmt":"2024-05-08T12:39:58","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777015314"},"modified":"2026-04-22T10:28:46","modified_gmt":"2026-04-22T13:28:46","slug":"macau-hotel-occupancy-rate-reaches-89-2-during-labour-day-holiday","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-hotel-occupancy-rate-reaches-89-2-during-labour-day-holiday","title":{"rendered":"Macau hotel occupancy rate reaches 89.2% during Labour Day holiday"},"content":{"rendered":"\n<p><span data-preserver-spaces=\"true\">Occupancy was up by 4.5 percentage points year-on-year.<\/span><\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The Statistics and Census Service (DSEC) has reported that the average hotel occupancy rate in Macau was 89.2 per cent during the Labour Day golden week from May 1 to 5. That&#8217;s a rise of 4.5 percentage points year-on-year.\u00a0The peak day was on May 2, with 95.1 per cent occupancy.<\/p>\n\n\n\n<p>The Public Security Police reported that\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-receives-604395-visitors-during-labour-day-holiday\" target=\"_blank\" rel=\"noreferrer noopener\">604,395 visitors arrived in the city<\/a>\u00a0during the holiday period: 487,000 from mainland China, 78,000 from Hong Kong, 32,000 international visitors and 8,000 from Taiwan. Average daily visitation was 120,879,\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-expects-680000-daily-border-crossings-during-labour-day-holiday\" target=\"_blank\" rel=\"noreferrer noopener\">below the target of 130,000<\/a>.\u00a0<\/p>\n\n\n\n<p>Analysts at\u00a0<strong>JP Morgan\u00a0<\/strong>have estimated gross gaming revenue (GGR) for Labour Day holiday period to be <a href=\"https:\/\/focusgn.com\/asia-pacific\/citigroup-notes-144-per-cent-rise-in-macau-wagers\" target=\"_blank\" rel=\"noreferrer noopener\">MOP4.55bn (US$570m)<\/a>, exceeding forecasts.\u00a0<\/p>\n\n\n\n<p><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-to-reach-us2-5bn-in-may-analysts-say\" rel=\"noreferrer noopener\">Macau GGR to reach US$2.5bn in May, analysts say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Occupancy was up by 4.5 percentage points year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":19857,"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 reported an 89.2% average hotel occupancy rate during the Labour Day golden week, a 4.5 percentage point year-on-year increase, with peak occupancy at 95.1%. The city welcomed over 604,000 visitors, primarily from mainland China, though daily visitation was slightly below target. JP Morgan estimated Gross Gaming Revenue (GGR) for the period at MOP4.55bn (US$570m), surpassing initial forecasts.","focusai_entities":"Statistics and Census Service, DSEC, Public Security Police, JP Morgan","focusai_location":"Macau, China, Hong Kong, Taiwan","focusai_target_profile":"ceo_executive (0.9), 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":"GGR Drivers","query":"Beyond the holiday period, what specific market segments or operational efficiencies are JP Morgan's analysts factoring into their elevated GGR forecasts for May, and what are the associated risk factors?"},{"label":"Visitation Discrepancy","query":"Despite strong occupancy, the average daily visitation fell short of target. What are the DSEC's and Public Security Police's insights into this discrepancy, and how might it influence future tourism infrastructure planning?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777015314","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\/777015314","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=777015314"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015314\/revisions"}],"predecessor-version":[{"id":777015343,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015314\/revisions\/777015343"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19857"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777015314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777015314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777015314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}