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...
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...
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.
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.
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.
Hotel occupancy rates in the run up to and during the Golden Week holiday are seeing “meaningful” improvement, but average daily rates remain weak, Morgan Stanley says in a note.
“The casino issue is symbolic of the clear confrontational axis between top-down politics and grassroots politics… We cannot let matters continue as they have under the Abe administration.” So declared Leader of the Opposition Yukio Edano on Wednesday...
The General Association of Administrators and Promoters for the Macau Gaming Industry has called on the government to extend the current gaming concessions in Macau due to the impact of Covid-19.
A Thai politician has said he wants to start a committee to research plans for integrated resorts in key tourism areas, suchy as Bangkok, Phuket and Chiang Mai.
This week the Chinese government delivered a clear warning that it intended to weaponize the nation’s outbound tourism as it relates to the Asian ca
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