Macau’s lodge room charges take successful throughout Chinese language New 12 months as occupancy falls to 42%

Macau hotel room rates fell 42.1% year over year to an average daily rate (ADR) of $ 1,175 MOP during Golden Week of Chinese New Year.

The decrease resulted from a significant drop in total visits due to the ongoing impact of COVID-19 and a recent outbreak in mainland China where authorities issued a “stay in place” order during the normally busy holiday season. As reported by Inside Asian Gaming last week, The number of visitors during the Golden Week fell by 65.3% to 90,615 compared to the previous year (a daily average of just 12,945) and around 93% lower than the 1.21 million (daily average 172,857) who came to Macau during the 2019 Spring Festival.

The occupancy of Macau hotels, which are usually fully booked during the Chinese New Year, was only 48.3% – a 4.6 percentage point decrease from the previous year – with 5-star hotels occupying 50.6% and 4% -Star hotels show 49.8%. . The average occupancy rate in 2-star hotels fell by 23.0 percentage points to 24.6%, while pensions fell by 13.3 percentage points to 27.3%.

The room prices were also very successful. According to the Macau Government Tourism Bureau, average room rates of 5-star hotels fell 38.7% to $ 1,445 MOP, while 4-star hotels saw a 52.5% decrease to $ 734 MOP. Likewise, the average room rates of 3-star and 2-star hotels were $ 780.0 MOP and $ 206 MOP, respectively, decreasing 47.0% and 79.4%, respectively.

The MGTO said it is now working with e-commerce platforms, stepping up its social media promotions, and planning to run a series of programs to encourage the visit from mainland China after the end of the CNY.