Archive

_2021-03-29
Tourism appears to be firmly on the rebound in Macau, with a total of 189,840 visitor arrivals over the past week, which is a record high since the pandemic struck over a year ago.

_2021-03-22
South Korea, which attracted significant interest when it first opened for foreign investors, is now seen as holding limited appeal unless the government agrees to relax its stance on local gaming.

_2021-03-18
South Korean IRs and casinos have received some positive news as companies try to recover from setbacks that were mainly the function of the Covid pandemic.

_2021-03-10
China tourism watchers are becoming tentatively optimistic that outbound travel will resume in the next few months and increase further in the second half of the year.

_2021-03-03
Special loans to local tourism-related businesses have been spiralling upward since the outbreak of the Covid pandemic. These loans are provided through the Jeju Tourism Promotion Fund, which itself is facing a cash crunch as its funding comes largely...

_2021-02-25
Fitch Ratings predicts a slow return in international tourism flows across the Asia Pacific to begin in 2H21, but arrivals will remain well below pre-pandemic levels and projections will depend on virus containment and effective vaccine distribution.

_2021-02-22
News last month that Thailand may consider legalizing gambling has been met with scepticism by those who know the market well, with most saying casinos are not likely to open in at least the next decade.

_2021-02-19
The fifth and sixth days of the Lunar New Year in Macau were the busiest, with arrivals from the Mainland up 5.3 percent and 22.8 percent year-on-year, the only days showing an increase. Hotel occupancy was at just over 48 percent.

_2021-01-27
The New Year hasn’t brought the relief that had been hoped for Asia’s devastated tourism industry, with new outbreaks of Covid-19 across the region dampening expectations for an early opening of borders.

_2021-01-20
Star Entertainment has given a vote of confidence to the potential of the Gold Coast’s tourism industry, pressing ahead with plans to build a A$400 million “Tower for Tourism” despite the Covid-19 crisis.

_2020-12-18
Thailand is allowing visitors from 56 countries to boost its tourism sector, though tourists will need a health certificate to prove they are Covid free and undergo 14-days of mandatory quarantine.

_2020-12-17
The number of visitors to South Korea is set to drop to a 32-year low in 2020, due to the impact of the pandemic. The number of tourists arriving Jan-Oct. slumped 83.6 percent.

_2020-12-16
Gary Bowerman, tourism industry analyst and director of Check-in Asia, speaks with Asia Gaming Brief managing editor Sharon Singleton about prospects for tourism recovery in 2021, how governments are seeking to boost domestic travel to plug the gaps and...

_2020-12-03
Macau's Secretary for Economy and Finance Lei Wai Nong said he expects more Mainland visitors during the Christmas and Chinese New Year holiday periods and said the government has a promotion scheme involving free hotel stays to encourage Chinese to stay...

_2020-10-27
The infographics highlight the power that Chinese tourists have in fuelling tourism market growth (pre-Covid) in Asia. Casino-related spend is at the forefront of growth in Macau in particular, whilst gaming could also be shaping overall tourism spend...

_2020-10-13
It is not, as some Western media have said because the Chinese do not dare to travel. With 637 million domestic trips during Golden Week, it shows that people are not afraid to travel.

_2020-10-05
A sign Beijing is once again ramping up its anti-corruption rhetoric, combined with an increased focus on capital outflows are likely to be further factors hindering recovery in Macau, analysts said.

_2020-09-25
China’s largest online travel group, Trip.com, has noted a 500 percent gain in searches for tourism products in Macau since China resumed issuing individual travel visas on Sept. 23rd, Macau Business reports. 

_2020-09-24
A Bank of America survey held in August found that only 47 percent of Mainland Chinese travellers who want to visit Macau would be willing to take a Covid-19 test, casting doubt on visitation for the upcoming Golden Week holiday.