{"id":777019530,"date":"2024-10-01T09:04:49","date_gmt":"2024-10-01T12:04:49","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777019530"},"modified":"2026-04-22T05:37:22","modified_gmt":"2026-04-22T08:37:22","slug":"tourism-in-macau-hotel-occupancy-rate-of-over-90-for-october-golden-week","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/tourism-in-macau-hotel-occupancy-rate-of-over-90-for-october-golden-week","title":{"rendered":"Tourism in Macau: hotel occupancy rate of over 90% for October Golden Week"},"content":{"rendered":"\n<p>Bookings for traditional hotels in the NAPE district were reportedly nearing 80 per cent ahead of the holiday period.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Macau hoteliers have forecast that Macau is on track to achieve a hotel occupancy rate of over 90 per cent during the\u00a0<strong>October Golden Week<\/strong>. <strong>Cheung Kin Chung<\/strong>, a government-appointed lawmaker who heads two industry groups, told Macau Daily News that bookings for &#8220;traditional hotels&#8221; in the NAPE district were approaching 80 per cent, with room rates remaining steady compared to the same period in 2019.<\/p>\n\n\n\n<p>The figures suggest that National Day travellers are likely to stay for two to three nights. Three or four-star hotels are offering rooms for prices ranging from MOP1,000 (US$120) to MOP2,000 (US$240), while integrated resorts are priced at a minimum of MOP2,500 (US$300). On Sunday, 96,717 visitors arrived in the city, while 99,098 departed \u2013 two days before the start of the holiday period.<\/p>\n\n\n\n<p>On Thursday (September 26), <strong>Maria Helena de Senna Fernandes<\/strong>, the director of Macau\u2019s Government Tourism Office (MGTO),&nbsp;said that the city may see an average of over 100,000 visitors a day this October Golden Week if weather conditions remain favourable. Last year,&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-sees-record-visitor-numbers-during-october-golden-week\" rel=\"noreferrer noopener\">Macau saw 932,000 tourists during the holiday<\/a>, averaging 116,000 visitors per day.<\/p>\n\n\n\n<p>Citigroup has projected that Macau\u2019s gross gaming revenue (GGR) for October will reach MOP20.5bn (US$2.56bn),&nbsp;<strong>a 5 per cent year-on-year increase<\/strong>. Analyst George Choi said the growth would be driven by strong advanced hotel bookings and robust demand from affluent players.<\/p>\n\n\n\n<p>The report highlights optimistic expectations for the National Day Golden Week, with GGR anticipated to average around MOP900m (US$112m) per day during the holiday period, aligning closely with the run rates observed during this year\u2019s Chinese New Year and Labour Day holidays.<\/p>\n\n\n\n<p><strong>See also: <\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/tourism-in-macau-hotel-occupancy-reaches-85-5-in-first-eight-months-of-the-year\" rel=\"noreferrer noopener\">Tourism in Macau: hotel occupancy reaches 85.5% in first eight months of the year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bookings for traditional hotels in the NAPE district were reportedly nearing 80 per cent ahead of the holiday period.<\/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 anticipates a robust October Golden Week, with hotel occupancy projected to exceed 90% and daily visitor arrivals potentially surpassing 100,000. Citigroup forecasts October's Gross Gaming Revenue (GGR) to reach MOP20.5bn (US$2.56bn), a 5% year-on-year increase, driven by strong hotel bookings and demand from high-net-worth individuals. These projections align with previous holiday period performance, signaling sustained recovery in the region's gaming and tourism sectors.","focusai_entities":"Cheung Kin Chung, Macau Daily News, Maria Helena de Senna Fernandes, Macau\u2019s Government Tourism Office, MGTO, Citigroup, George Choi","focusai_location":"Macau, NAPE district","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.8), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR growth sustainability?","query":"What specific factors beyond holiday demand, such as VIP segment recovery or mass market diversification, are critical for sustaining Macau's GGR growth trajectory post-Golden Week?"},{"label":"Regulatory impact on GGR?","query":"How might evolving regulatory compliance requirements or potential changes in governance frameworks impact the projected GGR and operational strategies for Macau's integrated resorts in the medium term?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-777019530","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\/777019530","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=777019530"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019530\/revisions"}],"predecessor-version":[{"id":777019555,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019530\/revisions\/777019555"}],"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=777019530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777019530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777019530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}