Macau welcomes largest number of visitors since February
The Macao Government Tourism Office (MGTO) has reported the highest number of visitors in 11 months on New Year’s Eve, standing at 30,747. Effectively, the figure exceeded everyone’s expectations. Macau also welcomed 27,755 visitors on Christmas day.
As usual, a large part of the visitors entering Macau between the 31 December and 3 January were from China. It is also reported that the daily average across that period was 21,242; the majority also being from mainland China.
The figures instill a hope for a better year for the land-based gambling industry and all its businesses, as 2020 proved an unstable year due to the consequences of the COVID-19 pandemic.
Despite the promising figures reported towards the end of the year, they are nonetheless far off from what they are expected to be. For example, January 2020 saw an average of 92,000 daily visitors. In 2020, February saw a mere 5,585; the difference being a direct result of the COVID-19 pandemic. In May, the number had decreased to a daily average of 520 visitors. These figures improved during the second half of the year, since China reduced travel restrictions.
Hotels were particularly happy to leave 2020 behind since they had suffered immense damages in 2020 because of the pandemic. The MGTO claimed that the average occupancy rate was around 70%.