Wednesday, October 05, 2022

Macau government to unveil tour package incentives


The Macau Government Tourist Office intends to unveil a proposal that would incentivize package tour organizers, according to Deutsche Bank analysts.

The proposal calls for a MOP200 ($25) payment to package tour organizers for each visitor for whom they arrange overnight accommodations, DB analyst Carlo Santarelli wrote in a note.

“The Macau Government Tourism Office has confirmed the proposal and is currently studying its merits.”

Though Santarelli says the creation of an incentive plan to elongate the length of stay for visitors in Macau will not “stimulate a meaningful uplift in gaming play, “we do believe it could prove to be supportive for occupancy growth and non-gaming spend.”

“Moreover, we believe that any potentially positive development for the gaming industry, stemming from a government or government associated agency, should be well received by investors.”

 

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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