{"id":777019163,"date":"2024-09-19T09:54:51","date_gmt":"2024-09-19T12:54:51","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777019163"},"modified":"2026-04-22T05:59:23","modified_gmt":"2026-04-22T08:59:23","slug":"mid-autumn-festival-492100-visit-macau","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/mid-autumn-festival-492100-visit-macau","title":{"rendered":"Mid-Autumn Festival: 492,100 visit Macau"},"content":{"rendered":"\n

The average daily number of visitor arrivals during the holiday period was 98,420.<\/p>\n\n\n\n\n\n\n\n

Macau.- The Public Security Police has reported that 492,100 visitors arrived in Macau<\/strong> during China’s Mid-Autumn Festival holiday, which started on Sunday and ended yesterday (September 18). The average daily number of visitor arrivals during the holiday period was 98,420. Some 125,314 arrived on the first day of the holiday and 124,261 on Monday.<\/p>\n\n\n\n

The Border Gate crossing between Macau and Zhuhai, the nearest mainland city in Guangdong province, was the most active with 195,789 arrivals, 39.8 per cent of all visitors. <\/p>\n\n\n\n

Cumulatively, Macau received 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. In April, Macau\u2019s chief executive,\u00a0Ho Iat Seng, said that Macau could\u00a0attract more than 30 million tourists<\/a> in 2024.<\/p>\n\n\n\n

Macau casinos: GGR to reach US$2.12bn in September, analysts say<\/h2>\n\n\n\n

Analysts at\u00a0J.P. Morgan have forecast that Macau\u2019s gross gaming revenue (GGR) will reach MOP17bn (US$2.12bn) in September. That would mean a daily run-rate of MOP566m (US$70.55m). According to analysts, GGR for the first 15 days of the month reached MOP8.5bn (US$1.06bn), but the run-rate for last week decreased from MOP593m (US$73.96m) per day to MOP535m (US$66.71m).<\/p>\n\n\n\n

DS Kim, Mufan Shi and Selina Li estimate mass GGR to be running at 105-110 per cent of pre-Covid-19 levels, while VIP levels are at low\/mid-20 per cent. They said they expect GGR for the third quarter to be \u201cflattish\u201d sequentially and \u201cbelow historical seasonality of +2-3 per cent q\/q\u201d.<\/p>\n\n\n\n

Macau\u2019s GGR for the first eight months of 2024 was MOP152.10bn (US$19.92bn), up 33.4 per cent year-on-year but 23.3 per cent below the same period in 2019 (US$24.66bn).<\/p>\n","protected":false},"excerpt":{"rendered":"

The average daily number of visitor arrivals during the holiday period was 98,420.<\/p>\n","protected":false},"author":176,"featured_media":26653,"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 experienced a significant influx of visitors during the Mid-Autumn Festival, contributing to a 37.1% year-on-year increase in tourist arrivals for the first seven months. Concurrently, J.P. Morgan analysts forecast September GGR to reach US$2.12bn, driven primarily by mass market recovery, though overall GGR remains below 2019 levels. The report highlights a sequential 'flattish' GGR for Q3, underscoring the ongoing recovery dynamics within the gaming vertical.","focusai_entities":"Public Security Police, Ho Iat Seng, J.P. Morgan, DS Kim, Mufan Shi, Selina Li","focusai_location":"Macau, China, Zhuhai, Guangdong","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Outlook?","query":"Given the 'flattish' sequential GGR forecast for Q3 and the persistent gap to 2019 levels, what specific operational adjustments are Macau's integrated resorts implementing to accelerate mass market recovery and mitigate VIP segment softness?"},{"label":"Tourism Impact on GGR?","query":"How do the reported visitor arrival numbers, particularly the strong Mid-Autumn Festival performance, correlate with the GGR run-rate fluctuations observed by J.P. Morgan, and what is the projected elasticity of GGR to future tourism growth in Macau?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777019163","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\/777019163","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=777019163"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019163\/revisions"}],"predecessor-version":[{"id":777019195,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019163\/revisions\/777019195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26653"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777019163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777019163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777019163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}