90,000 tourists visit Macau during Spring Festival Golden Week Average hotel occupancy rate less than 50%

90,000 tourists visit Macau during Spring Festival Golden Week Average hotel occupancy rate less than 50%

On 19 Feb, the Macau Tourism Office announced that the total number of visitors to Macau during the CNY golden week holiday was 90,615, which has dropped 65.3% in the average daily value compared with the same period last year. The average hotel occupancy rate stood at 48.3%.

Affected by the COVID-19 pandemic, the number of tourists visiting Macau during the spring festival golden week of last year has already shown a significant decrease, but the average daily value of tourists visiting Macau in the same period this year has dropped by 65.3%. However, the number of mainland tourists visiting Macau on 16 Feb and 17 Feb has increased by 5.3% and 22.8% respectively year-on-year. They were the only two single days showing a growth in visitor arrivals during the spring festival golden week period.

The information MGTO quoted from the industry shows that the average occupancy rate of hotels during the spring festival golden week was 48.3%, which has shown a drop of 4.6% from the same period last year. There are 41,886 rooms in the existing hotels.

The average occupancy rate of five-star hotels was 50.6%, down by 4.7 percentage points; four-star hotels recorded an average occupancy rate of 49.8%, up by 1.5 percentage points; three-star hotels recorded an average occupancy rate of 46.1%, down by 5.6 percentage points; two-star hotels were 24.6%, a decline of 23 percentage points; the average apartment occupancy rate was 27.3%, down by 13.3 percentage points year-on-year.

As for the average room rate of Macau hotels during the spring festival golden week, it was around 1,175.3 patacas a night, down by 42.1%. The room rate of five-star hotels are around 1,444.8 patacas, down by 38.7%; the room rate of four-star hotels are about 734 patacas, down by 51.5%; the room rate of three-star hotels are about 780 patacas, down by 47%; two-star hotels are about 206.2 patacas, down by 79.4%; the room rate of serviced apartments is about 167 patacas, down by 78.9% year-on-year.