• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Macau summer visitor outlook sunny: Wynn Macau COO Chen

Jun 24, 2021 Newsdesk Latest News, Macau, Top of the deck  


Macau summer visitor outlook sunny: Wynn Macau COO Chen

Linda Chen, vice chairman, chief operating officer (COO) and executive director of casino operator Wynn Macau Ltd, expects growth during the summer-holiday season of July and August, in the daily number of tourists visiting Macau.

Ms Chen (pictured in a file photo) was speaking in Macau on Wednesday. She said her view on the likely summer trade assumed there would be a gradually-improving Covid-19 situation in the neighbouring mainland China province of Guangdong, and stability in Hong Kong’s situation.

Presently, only mainland China has a largely quarantine-free travel bubble with Macau.

Currently, people arriving in Macau via Hong Kong – a market that in pre-pandemic times had accounted for at least 10 percent of Macau’s annual casino gross gaming revenue according to some investment analysts – must undergo a 14-day quarantine.

On Monday there had been talk of that rule being lifted by Macau, if Hong Kong could achieve 28 consecutive days of no reported Covid-19 infection. On Wednesday, Hong Kong’s Centre for Health Protection said it was investigating a local preliminary positive Covid-19 case “from an unknown source”, involving the L452R mutant strain.

Wynn Macau Ltd’s Ms Chen mentioned her Wednesday comments, that the Macau government had been putting effort into promoting inbound tourism by hosting events locally and in mainland China.

The promotion work included so-called “tourism +” initiatives, such as: Art Macao 2021, which will start from July; as well as the bundled marketing of services, such as “tourism + sports”; “tourism + MICE [meetings, incentives, conferences and exhibitions]”; and “tourism + culture”.

Macau tourism was nonetheless closely connected with the gaming, hotel and other industries, noted Ms Chen.

She thought weekly visitor volumes and hotel occupancy in the summer could reach similar levels to May Golden Week, the festive period around the Labour Day holiday on May 1 period in the first week of May. At that time, the daily average was more than 33,000 arrivals.

Wynn Macau Ltd – which runs the Wynn Macau and Wynn Palace casino resorts in the city – reported last month via its United States-based parent Wynn Resorts Ltd, that May Golden Week had generated per day the “highest amount of normalised profit” since the onset of the Covid-19 pandemic at the beginning of last year.

June saw a falling back market-wide in visitor volume, associated not only with the post-holiday period, but also coinciding with fresh outbreaks of Covid-19 infection in Guangdong.

The Crystal Pavilion project, an extension planned for Wynn Palace, was in the optimisation stage, said Ms Chen in her Wednesday remarks. She added the company was planning to make the new property and facilities compatible with Macau’s diversified and long-term development goal. Typically in the context of the Macau casino sector, that is a reference to the focus the local government has been putting on developing non-gaming and family-focused entertainment at the city’s gaming resorts.


  • tweet
Related articles
  • Some Macau hotels say no rooms vacant 3 days of Easter
    Some Macau hotels say no rooms vacant 3...

    Mar 31, 2023  

  • Macau got 16k mainland package tourists in Feb reopening
    Macau got 16k mainland package tourists...

    Mar 29, 2023  

More news
  • Macau March GGR up 247pct y-o-y, to US$1.6bln: govt
    Macau March GGR up 247pct y-o-y, to...

    Apr 01, 2023  

  • Macau 2023 GGR at 45pct of pre-Covid level: Moody’s
    Macau 2023 GGR at 45pct of pre-Covid...

    Mar 31, 2023  


Latest News

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Apr 01, 2023  

Macau’s casino gross gaming revenue (GGR) was up 246.9 percent year-on-year in March, to just under MOP12.74 billion (US$1.58 billion). The March tally was up 23.4 percent month-on-month,...
Read More
Some Macau hotels say no rooms vacant 3 days of Easter

Some Macau hotels say no rooms vacant 3 days of Easter

Mar 31, 2023  

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Mar 31, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Efforts have pivoted to the construction of the hotel tower, with plans to launch a soft opening before the end of 2024 and a grand opening in 2025”

Casino investor LET Group

On the development of a casino hotel in Manila, the Philippine capital



Most Popular

  • Some Macau hotels say no rooms vacant 3 days of EasterSome Macau hotels say no rooms vacant 3 days of Easter March 31, 2023
  • Macau 2023 GGR at 45pct of pre-Covid level: Moody’sMacau 2023 GGR at 45pct of pre-Covid level: Moody’s March 31, 2023
  • Macau March GGR up 247pct y-o-y, to US$1.6bln: govtMacau March GGR up 247pct y-o-y, to US$1.6bln: govt April 1, 2023
  • LET Group narrows year loss, Manila site open end 2024LET Group narrows year loss, Manila site open end 2024 March 31, 2023
  • Japan govt delays IR decision due to local elections: reportJapan govt delays IR decision due to local elections: report March 30, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us