{"id":777021246,"date":"2024-12-04T09:52:29","date_gmt":"2024-12-04T12:52:29","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777021246"},"modified":"2026-04-22T03:35:05","modified_gmt":"2026-04-22T06:35:05","slug":"five-buildings-approved-for-hotel-conversion-in-hengqin","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/five-buildings-approved-for-hotel-conversion-in-hengqin","title":{"rendered":"Five buildings approved for hotel conversion in Hengqin"},"content":{"rendered":"\n<p>Five vacant buildings have met the criteria for hotel conversion aiming to boost the local hospitality sector and tourism growth.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- Authorities in Hengqin have announced that five vacant buildings have met the criteria to be converted into hotels in an effort to boost tourism in the zone.<\/p>\n\n\n\n<p>Speaking at a recent seminar on the initiative, <strong>Su Kun<\/strong>, deputy director of the Guangdong-Macau In-depth Cooperation Zone executive committee, revealed<strong> over 10 applications for hotel conversions had been submitted but only five were approved<\/strong>. Among the operators involved are <strong>H World Group Limited<\/strong>, which manages over 9,100 hotels across 18 countries and regions, and<strong> <\/strong>the multinational brand <strong>Hilton Hotels &amp; Resorts<\/strong>.<\/p>\n\n\n\n<p>A policy signed in July allows unused commercial and office buildings to be converted into hotels for a period of up to eight years. This initiative was introduced to address the surplus of unoccupied buildings in the zone while enhancing the hospitality offering in Hengqin. It was launched following the relaxation of the visa policy between Macau and Hengqin in May, which introduced <a href=\"https:\/\/focusgn.com\/asia-pacific\/macau-announces-new-multiple-entry-visa-arrangement-with-hengqin\" target=\"_blank\" rel=\"noreferrer noopener\">a multiple-entry visa<\/a> for mainland Chinese travellers participating in package tours between the two locations.\u00a0\u00a0<\/p>\n\n\n\n<p>Su also noted that more than 100 companies have shown interest in this initiative. According to Macau Business, there are 31 \u201cnon-starred hotels\u201d in the collaboration zone, offering more than 9,200 guest rooms. As of October 2024, Macau has 146 hotels and various accommodation options, totalling 44,000 rooms.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Visitor numbers grow in Macau districts revitalised with support from casino operators<\/h2>\n\n\n\n<p>In related news, <strong>Elsie Ao Ieong<\/strong>, Macau\u2019s secretary for social affairs and culture, reported that the six districts assigned to casino operators for economic revitalisation have seen at least&nbsp;<strong>1.7 million visitors for performance<\/strong>s since work began in 2023.<\/p>\n\n\n\n<p>During a Legislative Assembly session on Monday (December 2), Ao Ieong said that&nbsp;<strong>more than 750 arts and cultural performances have taken place<\/strong>, creating work for over 200 service providers. Over 200 cultural and creative businesses were given a platform to sell their crafts and artworks.<\/p>\n\n\n\n<p>Ao Ieong said that more late-night food and beverage businesses have been introduced in the Barra zone,&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/mgm-china-to-help-revitalise-macaus-barra-district\" rel=\"noreferrer noopener\">which has been revitalised by MGM China Holdings<\/a>. The Lai Chi Vun shipyards complex,&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/galaxy-to-work-on-revamp-of-lai-chi-vun-shipyard\" rel=\"noreferrer noopener\">revamped by Galaxy Entertainment Group<\/a>&nbsp;is to see family attractions, an outdoor leisure space and a venue for performances open later this month.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Meanwhile, Piers 23 and 25, assigned to&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/melco-to-work-with-macau-to-revitalise-the-inner-harbour-area\" rel=\"noreferrer noopener\">Melco Resorts &amp; Entertainment<\/a>, are undergoing renovation near the Inner Harbour while Rua da Felicidade,&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/wynn-macau-president-hails-new-attractions-on-rua-da-felicidade\" rel=\"noreferrer noopener\">Wynn Macau\u2019s project<\/a>, is now fitted with canopies.<\/p>\n\n\n\n<p>Under current gaming concessions, the six Macau casino operators collectively pledged&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-casino-operators-to-submit-2023-investment-plans-this-month\" rel=\"noreferrer noopener\">to invest a minimum of MOP108.7bn (US$13.48bn) in non-gaming initiatives<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Five vacant buildings have met the criteria for hotel conversion aiming to boost the local hospitality sector and tourism growth.<\/p>\n","protected":false},"author":176,"featured_media":25616,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Hengqin authorities have approved five vacant building conversions into hotels, including projects by H World Group and Hilton, to boost tourism following a relaxed visa policy with Macau. Concurrently, Macau's six casino operators have attracted 1.7 million visitors to revitalised districts since 2023, demonstrating progress on their MOP108.7bn non-gaming investment commitments under current gaming concessions.","focusai_entities":"H World Group Limited, Hilton Hotels & Resorts, Su Kun, Guangdong-Macau In-depth Cooperation Zone executive committee, Elsie Ao Ieong, MGM China Holdings, Galaxy Entertainment Group, Melco Resorts & Entertainment, Wynn Macau","focusai_location":"Macau, Hengqin, Guangdong, China","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Non-Gaming ROI","query":"What is the projected return on investment for Macau's concessionaires from the MOP108.7bn non-gaming initiatives, and how will this impact their GGR diversification targets?"},{"label":"Hengqin Policy Impact","query":"How will the Hengqin hotel conversion policy and relaxed visa rules influence cross-border tourism flows and the competitive landscape for integrated resorts in the Greater Bay Area?"}],"footnotes":""},"categories":[157,16338],"tags":[23911,23906],"class_list":["post-777021246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-gambling-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021246","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=777021246"}],"version-history":[{"count":1,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021246\/revisions"}],"predecessor-version":[{"id":777021247,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777021246\/revisions\/777021247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25616"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777021246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777021246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777021246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}