The number of tourist arrivals to Macau during the three-day period encompassing the calendar New Year rose 8.5 percent year-on-year, to 356,812, according to data released by the Public Security Police.
The figures covered December 30, New Year’s Eve – December 31 – and New Year’s Day, January 1, the latter being a public holiday in Macau, mainland China and Hong Kong. This year, the two days prior to the public holiday fell at the weekend, which might have had some impact on the year-on-year comparison. In 2017, New Year’s Day fell on a Sunday.
Investment analysts have said that there need not necessarily be a correlation between headline numbers of visitors to Macau or even year-on-year increases in tourist arrivals, and the revenue performance of the city’s casino industry. The market is still thought to be skewed toward higher-end players that make an outsize contribution to casino gross gaming revenue. Tourists do however make up most of the players in the local gaming venues.
Mar 22, 2019The number of visitor arrivals to Macau during February rose by 15.5 percent year-on-year according to data released on Friday by the city’s Statistics and Census Service. The visitor tally was...
Mar 22, 2019
Mar 22, 2019
"We’re going to know probably in the next three or four months what the timing is going to be for Osaka"
Chairman and CEO of MGM Resorts International