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[Travel News]: Macau daily visit volume down 17% for April 2 to 6 from last month

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The following is the [Travel News]: Macau daily visit volume down 17% for April 2 to 6 from last month from [GGR Asia] recommended by TheTourAttraction.com:

The average hotel occupancy rate during the April 2 to 6 period was 53.1%.

Macau received nearly 100,000 visitors during the Easter and Qingming Festival holidays, according to the Macao Government Tourism Office.

Mainland China – the only place currently to have a travel bubble with Macau – marked the Ching Ming period with holidays from April 3 to 5. The Easter-Qingming Festival holiday season in Macau ran from April 2 to April 6.

Across the aggregate five-day break, Macau welcomed 99,568 visitors, an average daily volume of almost 20,000 arrivals. The daily average was nonetheless 17.0% down on the daily volume in March.

Mainland visitors accounted for 90.9% of all the arrivals. People entering Macau on either Hong Kong or Taiwan travel documents accounted for 7,678 and 1,399 arrivals respectively.

Investment analysts have said that volume of visitors to Macau is not necessarily correlated positively or negatively to casino gross gaming revenue (GGR).

A Wednesday note from brokerage Sanford C. Bernstein Ltd said Macau GGR for the first six days of April was flat compared to the prior week.

The average hotel occupancy rate during the April 2 to 6 period was 53.1%, according to the Macao Government Tourism Office. The occupancy rates of three-star, four-star and five-star hotels were 59.0%, 53.4% and 53.2% respectively.

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