Room rates are expected to remain stable during the summer.<\/p>\n\n\n\n\n\n\n\n
Macau.- Lou Chi Leong<\/strong>, director of the Macau Hoteliers & Innkeepers Association, said that Macau’s hotel industry expects occupancy rates to surpass 90 per cent this summer. Speaking to Macau Daily, he noted that the supply of hotel rooms in Macau had increased since the Covid-19 pandemic and that a 90 per cent occupancy rate would indicate a recovery beyond pre-pandemic levels.<\/p>\n\n\n\n According to the Statistics and Census Service (DSEC), Macau has 143 hotels as of May, a 13 per cent increase from last year. The number of guest rooms has risen by 9.3 per cent to 47,000, and the average occupancy rate rose by 4.9 percentage points year-on-year to 83.6 per cent.<\/p>\n\n\n\n Lou said hotel room rates are expected to remain stable during the summer and that hotels plan to offer promotions and discounts to attract more guests.<\/p>\n\n\n\n For the first five months of the year, the average occupancy rate for guest rooms increased by 7.7 percentage points year-on-year to 84.3 per cent. The number of guests also saw a rise, increasing by 25 per cent to 6,135,000. The average length of stay remained steady at 1.7 nights.<\/p>\n\n\n\n See also: <\/strong>Macau tourism unaffected by ban on free food at casinos, MGTO says<\/a><\/p>\n\n\n\n Last year, Macau\u00a0received 28.23 million visitors<\/a>, 71 per cent of the 2019 pre-pandemic levels (39.4 million).\u00a0Maria Helena de Senna Fernandes, the director of the MGTO said she is confident the city will reach the goal of\u00a033 million visitors<\/a>\u00a0this year.<\/p>\n","protected":false},"excerpt":{"rendered":" Room rates are expected to remain stable during the summer.<\/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 anticipates over 90% occupancy this summer, signaling a robust recovery beyond pre-pandemic levels, driven by increased room supply and visitor numbers. Despite the supply expansion, room rates are projected to remain stable, with promotional strategies aimed at sustaining demand. This performance is critical for the broader integrated resort ecosystem's non-gaming revenue streams and overall operational leverage.","focusai_entities":"Lou Chi Leong, Macau Hoteliers & Innkeepers Association, Statistics and Census Service (DSEC), Maria Helena de Senna Fernandes, MGTO","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on GGR?","query":"How will the projected 90%+ hotel occupancy and stable room rates translate into GGR uplift for Macau's integrated resort operators, particularly concerning VIP and mass market segments?"},{"label":"Non-gaming revenue strategy?","query":"Given the stable room rates and increased visitor volume, what specific non-gaming revenue optimization strategies are integrated resorts implementing to maximize profitability from this heightened demand?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777017027","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\/777017027","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=777017027"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017027\/revisions"}],"predecessor-version":[{"id":777017060,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777017027\/revisions\/777017060"}],"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=777017027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777017027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777017027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}