Visitor growth to remain slow: Report

2013-4-10

From：Macau Business

A report from Hong Kong-based consulting and services company HVS says the growth in the number of tourists coming to Macau will remain slow in the long run.

Our sister publication Business Daily quoted the report saying that regional gambling competition is set to increase, limiting the potential for visitor arrivals growth in the absence of new additions to supply in Macau.

No new big resort is due to open in Cotai before 2015.

Even so, the report says Macau’s hotel occupancy level in 2013 is expected to remain strong.

It says Macau’s hotels had the second-highest average room rate and revenue per room in Greater China last year, second only to Hong Kong.

The average room rate was MOP1,426.5 (US$178.3) and revenue per room was MOP1,259.5, the report says.

HVS focuses on the hospitality, gaming and leisure industries.

Copyright@Macau Business