{"id":777018240,"date":"2024-08-19T09:19:54","date_gmt":"2024-08-19T12:19:54","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777018240"},"modified":"2026-04-22T07:03:53","modified_gmt":"2026-04-22T10:03:53","slug":"macau-mice-events-up-by-34-5-in-h1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-mice-events-up-by-34-5-in-h1","title":{"rendered":"Macau MICE events up by 34.5% in H1"},"content":{"rendered":"\n<p>There were 702&nbsp;events in the first six months of the year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The number of Meetings, Incentives, Conferences, and Exhibitions (MICE) events held in Macau in the first half of the year was up by 34.5 per cent compared to H1 2022. There were 702 events, 95.6 per cent of pre-Covid-19 levels in 2019 (734).<\/p>\n\n\n\n<p>There were 658 meetings and conferences, 26 exhibitions and 18 incentives. However, there was a 29.1 per cent decrease in the number of participants and attendees at 479,000. Non-gaming spending by visitors reached MOP2.47bn (US$307.7m). Some 37 per cent of events focused on commerce and management. Tourism, information technology, and finance events accounted for 13, 11 and 10.7 per cent respectively.<\/p>\n\n\n\n<p>For the second quarter of 2024, the number of MICE events grew by 27.8 per cent year-on-year to 368, surpassing 2019 levels. MICE-driven receipts in the city\u2019s non-gaming industries amounted to about MOP1.48bn, up 20 per cent year-on-year and up 49.5 per cent quarter-on-quarter.<\/p>\n\n\n\n<p>Macau received nearly 19.75 million visitors in the first seven months of the year. The figure was up by 37.1 per cent compared to the same period last year. Macau\u2019s chief executive,\u00a0Ho Iat Seng, expects <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-chief-executive-expects-over-30-million-visitors-this-year\" target=\"_blank\" rel=\"noreferrer noopener\">30 million tourists<\/a>\u00a0in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There were 702&nbsp;events in the first six months of the year.<\/p>\n","protected":false},"author":176,"featured_media":21299,"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 Meetings, Incentives, Conferences, and Exhibitions (MICE) sector demonstrated significant recovery in H1 2023, with event numbers up 34.5% year-on-year and nearing pre-pandemic levels. Despite a decrease in participant numbers, non-gaming spending by visitors reached MOP2.47bn (US$307.7m), indicating a strong contribution to the city's economic diversification efforts. The Chief Executive anticipates 30 million tourists in 2024, underscoring continued growth expectations for the integrated resort market.","focusai_entities":"Ho Iat Seng","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), operator_casino (0.95), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"MICE Revenue Contribution?","query":"What is the projected incremental NGR contribution from the MICE sector's recovery to Macau's integrated resort operators in H2 2023 and FY2024, considering the non-gaming spending trends?"},{"label":"Diversification Strategy Impact?","query":"How does the observed MICE recovery and non-gaming expenditure align with Macau's broader economic diversification mandates, and what are the long-term implications for capital investment in non-gaming assets?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777018240","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\/777018240","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=777018240"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018240\/revisions"}],"predecessor-version":[{"id":777018274,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018240\/revisions\/777018274"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21299"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777018240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777018240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777018240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}