Monday, August 08, 2022


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Occupancy rate up in September, rates continue fall


Average occupancy rate in Macau in September increased 5.6 percent year-on-year, according to the latest data from the Macau Government Tourism Office

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New supply pressuring room rates: Wells Fargo


New supply is pressuring down Macau hotel rates, with ‘same-store’ rates down 13 percent year-on-year in September, according to Wells Fargo analy

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Average occupancy rate up in June


Macau’s hotel operators saw the average occupancy rate of local hotels up 2.9 percent year-on-year to 83.6 percent in June - the first year-on-year

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Wynn Palace to lead in price, but slow ramp up


Wynn Palace is expected to price itself at the higher end of the scale with limited discounting said analysts on Friday. In a hotel survey conducted o

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Hotel occupancy and rates fall year-on-year


Macau hotel occupancy and average room rates suffered declines in May compared to 2015, according to data from the Macau Government Tourism Office (MG

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Las Vegas Sands boss says more discounting of Macau rooms to come


Las Vegas Sands president and chief operating officer Robert Goldstein believes room rates may fall when several new properties come on line in Macau

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