Three-star hotel room rates jump by 15 pct

2013-10-8

From：Macau Business

The average room rate for three-star hotel rooms leapt by nearly 15 per cent in August from a year earlier, according to Macau Hotel Association data.

Our sister publication Business Daily reports that the average rate for a night in three-star accommodation rose to MOP1,213 (US$152) from MOP1,056.

The average rate for four-star accommodation rose by 9.83 per cent to MOP1,033.

That meant three-star hotels were on average 17 per cent more expensive than supposedly superior four-star hotels.

The average occupancy rate of three-star hotels rose by 2.59 percentage points to 94 percent in August.

Copyright@Macau Business