The occupancy rate of Macau’s hotels saw a slight 0.4% increase to 93.5% in July 2019, despite a decline in the rate at the city’s 5-star and 4-star hotels.
The occupancy rate of 5-star hotels fell from 94.8% in the prior year period to 94.4% in July, while 4-star hotels experienced a 6.3% decline to just 88.1%.
Macau’s overall figures were salvaged by a 10.5% increase in occupancy at 3-star hotels, which jumped from 86.3% in July 2018 to 96.8% this time around. The average room rates increase at all levels to an average of MOP$1,355.50 for the month.
Macau’s average occupancy rate for the first seven months of 2019 is up 1.2% year-on-year to 92.5%, with 5-star hotels up 0.4% (93.2%) and 3-star hotels up 10.3% (95.1%) while 4-star hotels are down 2.7% (89.4%).
