Macau witnesses cheaper hotel rooms with higher occupancy rates

Published on : Friday, July 21, 2017

MGTOAs per data from the Macao Government Tourism Office (MGTO), average occupancy rate of hotels in Macau increased 6.3 percentage year-on-year during the first six months of 2017, to 87.2 percent.

 
The five-star segment experienced the biggest year-on-year increase in occupancy.

 

Average occupancy grew to 86.1 percent, increasing by 7.3 percentage points. The four-star hotel category in Macau recorded a 6 percentage points increase compared to the year before, going up to 87.7 percent. The three-star hotel category had the highest occupancy rate in the six months to June 30, at 91.4 percent, up 3.7 percentage points from a year earlier.

 
The average cost of a Macau hotel room during the first six months of this year was MOP1, 249.6 (US$155.4) per night, according to the Macau Hotel Association. That represented a decrease of 3.5 percent from the same period the year before.

 
Most of the city’s hotel rooms are in casino properties, and Macau hotels are “highly occupied” but by “gaming customers,” which pushed up average daily room rates “beyond the means of an average mainland tourist.”

 
In the first five months of 2017, visitor arrivals to Macau totalled nearly 13.2 million, up by 6.3 percent from a year earlier. The number of overnight visitors saw a 13.7-percent year-on-year increase to 6.75 million.

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