The total number of guest check ins at Macau hotels and guesthouses reached nearly 1.08 million in April this year, an expansion of 17.3 percent on the prior-year period. The average occupancy rate of Macau hotels and guesthouses also increased 6.4 percentage points year-on-year to 86.1 percent in April, according to data released by Macau’s Statistics and Census Service on Wednesday.
The number of Macau hotel guests originating from South Korea and Hong Kong saw a year-on-year increase of 94.1 percent and 44.6 percent respectively to 36,700 and 167,500. This coincided with a respective 48.7-percent and 25.3-percent growth in the number of visitors to Macau from the two places in April.
The tally of guests originating from mainland China also increased by 10.4 percent year-on-year in April, to 678,300.
The hotel segment experiencing the biggest year-on-year growth in occupancy – on a cumulative basis for the calendar year to April 30 – was the two-star category, with the average occupancy rate increasing 14.8 percentage points to 72.6 percent.
There were 107 hotels and guesthouses operating in Macau by the end of April, with the number of guest rooms totalling 36,500, compared to 32,100 rooms in April 2016. The average length of stay in April remained at 1.4 days.
In the first four months of 2017, the number of guests that checked into hotels and guesthouses in Macau stood at 4,129,400, an increase of 14.6 percent compared to the same period last year. The average occupancy rate recorded a growth of 5.5 percentage points to 83.8 percent.
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”We expect Goa to quickly become a US$1 billion market as it transitions to land-based casinos (from US$150 million today), which is still just a fraction of India’s total GGR potential of US$10 billion to US$17 billion”
Analyst at Union Gaming Securities Asia