Macau is poised to achieve a daily hotel occupancy rate of over 90 percent this Golden Week, according to the latest forecasts from the city’s hoteliers
Bookings for “traditional hotels” in the NAPE district are nearing 80 percent, with room rates remaining stable compared to the same period in 2019, said Cheung Kin Chung, a government-appointed lawmaker who heads two industry groups, as per Macao Daily News.
The figures suggest that National Day travellers are likely to spend two to three nights, with Cheung expressing confidence that the number of reservations could increase further.
Three or four-star hotels are offering rooms for prices ranging from MOP1,000 to MOP2,000, while integrated resorts are priced at a minimum of MOP2,500.
The information, as reported by Macao Daily, was provided by Lou Chi Leong, president of the Macau Hoteliers and Innkeepers Association, who mentioned that “incoming travellers are expected to stay for about two nights”.
On Sunday (29th September), 96,717 visitors arrived in the city, while 99,098 departed – two days before the commencement of the seven-day holiday. Macau’s tourism chief stated last week that an average of 100,000 visitors per day could be expected this week.
In a recent note that “Golden Week room bookings are decent, but the quality of players seems weak thus far.” A broader economic landscape was cited as a reason, with an expected impact on players’ demand during the period of 1st to 7th October, about which “operators are not too optimistic.”
