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Macau hotel occupancy reaches average of 94.5% during Golden Week

Newsdesk by Newsdesk
Thu 10 Oct 2024 at 05:23
Macau visitor arrivals top 300,000 in first two days of Golden Week, including second highest daily tally of the year
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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 releases by the Macao Government Tourism Office (MGTO), included peak occupancy of 98.5 on Thursday 3 and Friday 4 October.

Likewise, the average room rate of Macau’s hotels was MOP$1,861, up 4% from the same period last year.

As previously reported by IAG, Macau welcomed a record 993,117 visitors during the week-long National Day Golden Week holiday, an increase of 1.9% over 2019 and 7.5% higher than during the eight-day Golden Week in 2023. Both the volumes of average daily and single-day visitor arrivals in Macau reached the highest records for National Day holidays ever since there were official statistics, the MGTO added.

Providing some color on the practical implications for businesses, it revealed the Macao Grand Prix Museum welcomed 8,558 visitors over the seven-day holiday including 3,386 visitors on Tuesday 1 October, the highest single-day record since its inauguration.

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Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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