David Chow, CEO of Macau Legend Development Ltd signed Tuesday a HK$4.2-billion loan deal with 10 banks to revamp Macau Fisherman’s Wharf. ICBC Macau and Banco Nacional Ultramarino SA (BNU) are the lead arrangers of the HK$4.2-billion loan. There are also another eight other participating banks: Macau Branch of Bank of East Asia Ltd, Luso … Continue reading "Fisherman´s Wharf revamp to cost US$ 128.2 billion"
9 Apr, 2014
Macau recorded 2.56 million visitor arrivals in February, a year-on-year increase of eight percent, the Statistics and Census Bureau (DSEC) announced Monday. The daily average of arrivals reached 91,448 during the 28-day month, The Macau Post Daily pointed out. The first week of last month coincided with the mainland’s so-called Golden Week Chinese New Year … Continue reading "Over 91,000 visitors per day in February"
25 Mar, 2014
The travel and tourism industry in Macau is set to grow 7.2 percent this year, according to a report issued by the World Travel & Tourism Council (WTTC). According to the report, in Macau, the direct contribution of travel and tourism to gross domestic product (GDP) in 2013 represented 43.1 percent, mainly reflecting the economic … Continue reading "Tourism industry to grow by 7.2 percent in 2014"
19 Mar, 2014
Guest speakers and audience members in Sunday’s Macau Forum criticised the government for failing to address the negative side effects caused by an increasingly large number of tourists visiting the city, namely mainlanders. Guest speaker lawmaker Antonio Ng Kuok Cheong said Macau ’s carrying capacity to receive tourists has reached the limit while fellow speaker … Continue reading "Forum debates city’s tourism carrying capacity"
10 Mar, 2014
Macau recorded a daily average of 80,61 visitors – corresponding to 13.5 percent of the local population – in January, The Macau Post Daily reports, citing offical figures released by the Statistics and Census Bureau (DSEC) Monday. Macau had a population of 598,200 – including residents and imported labour – at the end of the … Continue reading "City logs 80,761 visitors per day in January"
25 Feb, 2014
The director of the Macau Government Tourist Office (MGTO), Helena de Senna Fernandes said in Nanning that the government want to diversify the place from where mainland tourists came to Macau. Senna Fernandes said that the majority of the visitors came to Macau from Guangdong province and the government want to change that trend making … Continue reading "Macau want tourists from Guangxi in China"
17 Feb, 2014
The number of visitors to Macau reached one million during the Chinese New Year holiday, registering a growth of 13 percent from the same period last year, according to preliminary statistics from the Macau Government Tourist Office (MGTO). Visitor arrivals numbered 1,054,183 (including foreign employees and students) from January 31 to February 6 (Golden Week … Continue reading "Macau receives one million visitors during CNY holidays"
10 Feb, 2014
Macau Government Tourism Office (MGTO) Director Maria Helena de Senna Fernandes said yesterday her office will explore the possibility of converting old, low-rise buildings into self-catering accommodation flats for tourists. According to The Macau Post Daily, Senna Fernandes made the remark at Macau Tower during the MGTO annual press conference about Macau ’s tourism statistics … Continue reading "Macau tourism chief mulls converting old buildings into self-catering flats"
23 Jan, 2014
Macau’s tourist price index (TPI) rose 6.80 percent year-on-year in 2013, the Statistics and Census Bureau (DSEC) announced Wednesday. A DSEC statement attributed the growth to a “marked increase” in the price indices of clothing and footwear (+10.50 percent); accommodation (+9.68 percent); and food, alcoholic drinks and tobacco (+9.15 percent). According to the statement, the … Continue reading "Tourist prices rise 6.8 pct in 2013"
16 Jan, 2014
In the first eleven months of 2013, visitor arrivals in Macau totalled 26,737,993, up by 5% year-on-year according to the Statistics and Census Service (DSEC. Visitors from Mainland China and the Republic of Korea increased by 10% and 7% respectively, while those from Hong Kong and Taiwan, China decreased by 4% and 7%. Besides, visitors … Continue reading "Macao receive almost 28 million visitors in the period between January and November"
30 Dec, 2013
Macau Government Tourist Office (MGTO) Director Maria Helena de Senna Fernandes says she expects Macau’s number of visitor arrivals around Christmas to increase slightly. She made the cautious forecast on Sunday after attending the inauguration of the third term of board members of the Macau Youth Federation at the Macau Science Centre in Nape. Senna … Continue reading "Tourism chief forecasts slight rise in Christmas visitors"
17 Dec, 2013
Macau’s visitor arrivals increased by 2 percent year-on-year to 2,394,195 in October 2013, according to figures released on Friday by the city’s Statistics and Census Service (DSEC). Of all the arrivals in October, 53 percent spent only one day. The average length of stay of visitors held stable from a year earlier at 1.0 day, … Continue reading "Macau’s visitor arrivals up 2 pct year-on-year in October"
25 Nov, 2013
Macau’s 98 hotels and guesthouses welcomed 7.99 million guests in the first nine months of this year, an increase of 13.9 percent year-on-year, the Statistics and Census Bureau (DSEC) said Thursday. At the end of September, Macau’s hospitality industry provided 27,807 guestrooms, up 6.7 percent from a year earlier, of which 5-star hotels accounted for … Continue reading "Nearly 8 million hotel guests in 9 months"
15 Nov, 2013
Macau recorded 21.9 million visitor arrivals in the first nine months, a year-on-year growth of five percent, the Statistics and Census Bureau (DSEC) said Thursday. Visitors from the mainland and South Korea rose by 12 percent and 5.8 percent respectively, while those from Hong Kong and Taiwan dropped by 4.5 percent and 9.5 percent. In … Continue reading "21.9 million visit Macau in Jan-Sept, up 5 pct"
25 Oct, 2013
Hollywood Roosevelt from Los Angeles is making Macau its Asian debut with an investment of two billion patacas to build a 400-room 1950s Hollywood-themed hotel next to the Macau Jockey Club in Taipa. The hotel is slated to be operational between the middle and the end of 2015. The ground-breaking ceremony for the Hollywood Roosevelt … Continue reading "US hotel brand to open 2-billion-pataca Macau branch"
23 Oct, 2013
Macau’s 97 hotels and guesthouses recorded 7.12 million guests in the first eight months of this year, up 14.4 percent on the same period of last year, the Statistics and Census Bureau (DSEC) announced Thursday. The number of hotel guests accounted for 36.4 percent of the number of visitor arrivals in the first eight months. … Continue reading "Hotel guests rise 14 pct to 7.1 million in Jan-August"
18 Oct, 2013
Macau recorded 896,847 visitor arrivals during the mainland’s October 1-7 Golden Week holiday, an increase of 5.7 percent from the same time last year, the Macau Government Tourist Office (MGTO) said in a statement Thursday. The MGTO figures differ slightly from statistics released by the Public Security Police (PSP) earlier this week, according to which … Continue reading "Tourism office says 896,847 Golden Week visitors"
11 Oct, 2013
SAS BREZAC Artifices, from France, won the 25th Macau International Fireworks contest followed by China and Switzerland in the second and third rank. The prize for the champion team is US$ 8,000 US dollars whereas the second and third prize winners were awarded 4,000 and 2,500 dollars respectively. Ten teams came from Asia, Europe, America, … Continue reading "France won the 25th Macau International Fireworks contest"
4 Oct, 2013
Macau is the seventh favorite destination for Chinese travellers, according to a survey released by daodao.com, TripAdvisor’s customized Chinese brand. Mainland tourists’ top destination continues to be the neighboring region of Hong Kong, followed by the island of Phuket in Thailand,Taiwan, Bangkok, Paris, Dubai, Macau, Seoul, Singapore and Bali. The survey indicates that the Chinese … Continue reading "Macau is the seventh favorite destination for Chinese travellers"
26 Sep, 2013
Macau recorded 19.57 million visitor arrivals in the first eight months of this year, an increase of 4.7 percent year-on-year, the Statistics and Census Bureau (DSEC) said Monday. Mainlanders and Hongkongers accounted for 63.6 and 23.5 percent of all visitor arrivals respectively. Guangdong residents accounted for 28.4 percent of all visitor arrivals. About 27.5 percent … Continue reading "19.5 million visit Macau in Jan-Aug, up 4.7 pct"
24 Sep, 2013