The number of visitors arriving to Macau in June totalled 2.38 million, up 0.9 percent from the prior-year period, according to data released on Monday by the city’s Statistics and Census Service.
In the first six months of 2017, visitor arrivals totalled nearly 15.6 million, up by 5.4 percent from a year earlier. During this period, the number of overnight visitors rose by 13 percent year-on-year to nearly 8.1 million while the tally of same-day visitors dropped by 1.8 percent to just under 7.5 million.
In June, the number of overnight visitors saw a 10.1 percent year-on-year increase to 1.35 million, whereas the tally of same-day visitors declined by 9.1 percent to 1.03 million.
Monday’s data showed a 1.8 percent year-on-year increase in the number of visitors from mainland China in June, to 1.54 million. The number of mainland Chinese visitors travelling under the Individual Visit Scheme went up by 5.8 percent year-on-year to 704,720, said the statistics bureau.
Most mainland visitors arriving to Macau in June came from Guangdong province, totaling 625,932 tourists. The tally of visitors from Hong Kong, Macau’s second largest source of tourists after mainland China, dropped by 3.9 percent year-on-year to 491,687 in the month.
The average length of stay of visitors in June rose by 0.1 of a day year-on-year to 1.3 days, with overnight and same-day visitors staying on average 2.1 days and 0.2 of a day, respectively.
Despite the yearly increase in the number of overall visitor arrivals in June, that monthly tally was a 7.5-percent decline on the May aggregate, according to the official figures. There was a total of 2.57 million of visitors arriving in Macau during May, a month that included a Chinese holiday period surrounding the May 1 Labour Day, and known as Golden Week.
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"Most investors believe that Macau is ‘uninvestable’. Our experience has been that when opinions are so unanimously negative, then the risk/reward is skewed to the upside"
Japanese brokerage Nomura