Local government authorities look to open up tourism by extending virus testing period.
The annual holiday week isn’t giving Macau any significant boost in tourism or revenue.
The opening weekend of the annual holiday didn’t bring a boost in traffic to Macau.
The traffic on the seventh and last day reflected a 3.1% drop compared to the last day of the holiday period in 2018.
The Public Security Police presented rough calculations of the number of people to have entered the city, indicating that over 163,800 showed up.
Analyst have strong indication that the Macau’s upcoming Golden Week won't be nearly as robust as has been in previous years in terms of visitation and GGR.
Visitation to Macau for Golden Week, was lower than expected, however, gross gaming revenue (GGR) didn’t suffer as they had thought.
Macau’s Golden Week, which marks the celebration of the anniversary of the founding of China, got off to a strong start just over a week ago.
Meg-Star Group, a junket investment group out of Macau, has launched its eighth VIP club in Macau coinciding with October Golden Week in Macau.
After Super Golden Week optimism late last month, the mood has soured. Apparently, the record revenues that the casinos were expecting didn’t materialize.