Macau’s average hotel occupancy reached 94.5% during the recent Golden Week holiday period, representing a 6.7 percentage point increase over the same period in 2023.This, according to figures released by the Macao Government Tourism Office (MGTO), included peak occupancy of 98.5 on Thursday 3 and F
Macau’s gaming operators averaged daily gaming revenues of more than MOP$1 billion during the first six days of the Golden Week holiday, only slightly lower than during the same period in 2019 and 30% higher than in 2023, analysts have revealed.In a note, JP Morgan’s DS Kim, Mufan Shi and Selina Li
Macau's gaming revenue saw a year-on-year increase of 15.5% in September, reaching 17.25 billion patacas, approximately $2.2 billion, as reported by the Gaming Inspection and Coordination Bureau.This result exceeded analysts' expectations, who had predicted a 14.2% growth, and brought revenue to 78%
With the Golden Week approaching, the hospitality and gaming industries are preparing for a mix of optimism and caution. While room bookings have shown relative strength, analysts express concerns that broader economic conditions could dampen overall performance during this key holiday period. Recen
Sands China Ltd. has officially unveiled its revamped Londoner Grand Casino, previously known as the Pacifica, at The Londoner Macao resort. The grand opening, held on September 26, comes just days before the lucrative Golden Week holidays, set to run from October 1–7. The reopening forms part of th
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