Macau: Average hotel occupancy rate for Golden Week at 80%
Wednesday 16 de September 2020 / 07:12
2 minutos de lectura
(Macau).- According to a survey conducted by Morgan Stanley to 10 integrated resorts in the city, the average occupancy rate expected for the Golden Week period between October 1 and 8 stood at some 80 per cent
The financial services company also pointed out that five out of 23 hotels it surveyed declared to be fully booked, namely, Ritz Carlton, Morpheus, StarWorld Hotel, Studio City and Four Seasons.
Although last year 19 out of 23 hotels surveyed by the company reported being fully booked for the Golden Week period, the results were considered better than anticipated.
Starting from September 23 the issuing of individual tourist visas will resume for the whole of Mainland China, with local tourism authorities having expressed they expect a small bump in visitation but with no dramatic increase.
Morgan Stanely also surveyed the standard room Average Daily Rate for 23 local integrated resort properties for the October 1 to 8 period, with the top five highest rates reported for Banyan Tree (HK$4,274), Wynn Macau (HK$4,038), Mandarin Oriental (HK$3,726), MGM Macau (HK$3,280) and Ritz Carlton (HK$3,088).
The five lowest were reported for The Parisian (HK$1,398), Sheraton (HK$1,248), Holiday Inn (HK$1,164), Harbourview (HK$1,086), and Studio City (HK$798).
Studio City reported the highest decrease in daily room rates when compared to last year’s Golden Week period, a 72 per cent year-on-year plunge, while MGM Macau saw its rates rise by 104 per cent.
Categoría:Casino
Tags: Sin tags
País: Macao
Event
SBC Summit Americas 2025
13 de May 2025
ProntoPaga impacts SBC Summit Americas with technology that redefines payments in Latin America
(Fort Lauderdale).- In just three years, ProntoPaga went from being a promising post-pandemic idea to becoming a benchmark in the Latin American digital payments ecosystem. With exponential growth of 700% year-over-year, the company has transformed the way payments operate in dynamic industries such as iGaming, sports betting, and the Fintech world.
Friday 23 May 2025 / 12:00
GMW Revolutionizes SBC Summit Americas: Innovation, Gamification, and Player Protection
(Fort Lauderdale, SoloAzar Exclusive).- At SBC Summit Americas, GMW reaffirms its commitment to strategic innovation, combining performance, adaptability, and compliance. Marga Fernández, Head of iGaming Business Development, highlights how the company integrates gamification and player protection to generate unique and sustainable experiences. Discover how these trends are redefining the future of gaming in emerging markets.
Friday 23 May 2025 / 12:00
Uplatform Glowed at SBC Summit Americas 2025
(Cyprus).- Uplatform brought serious sparkle and substance to SBC Summit Americas 2025 in Fort Lauderdale, lighting up Stand C470 with a dynamic mix of business and fun from May 13–15.
Thursday 22 May 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.