Pier 16 –Property Development Ltd., the owner of the Ponte 16 casino-hotel in Macau, announced in a statement Tuesday the signing of HK$1.9 billion and 400 million yuan 5-year syndicated loan facilities with 11 banks. According to the statement cited by The Macau Post Daily today, ICBC (Macau) Ltd. is the mandated lead arranger and … Continue reading "Ponte 16 inks HK$1.9 billion, 400 million yuan loan"
18 Apr, 2012
Macau’s hospitality industry logged an average occupancy rate of 82.3 percent in the first two months this year, up 1.6 percent from a year earlier, according to official statistics. The number of guests rose 14.4 percent year-on-year to 1.42 million between January and February. Hotel guests accounted for 30.9 percent of all visitor arrivals in … Continue reading "Hotel occupancy rate reaches 82.3 pct in Jan-Feb"
18 Apr, 2012
Macau Chief Executive Chui Sai On and Governor of Guangdong province Zhu Xiaodan officiated at the opening ceremony of the “Guangdong Macau Week” held in Guangzhou,Thursday. Jointly hosted by the Macau Special Administrative Region Government and the People’s Government of Guangdong Province and co-organized by the Macau Government Tourist Office and Tourism Administration of Guangdong … Continue reading "“Guangdong Macau Week” kicks off in Guangzhou"
13 Apr, 2012
The Maritime Administration (CP) said in a statement Monday that it plans to start an “individual travel” scheme for yachts from Guangdong, Macau and Hong Kong to travel among the three places easily. Maritime Administration Director Susana Wong Soi Man said in the statement that her office would study the related regulations for the matter … Continue reading "Government vows to launch ‘individual travel’ scheme for yachts"
10 Apr, 2012
Macau recorded 4.59 million visitor arrivals in the first two months of this year, up 8.4 percent year-on-year, The Macau Post Daily reports today, citing official statistics. Visitors from Asia accounted for 97.5 percent of all arrivals between January and February. The number of mainland visitors reached 2.78 million, a year-on-year growth of 14.7 percent. … Continue reading "4.6 million visit Macau in Jan-Feb, up 8.3 pct"
26 Mar, 2012
Macau, China, 21 Feb – Macau’s record 28 million visitors spent a record 45.3 billion patacas – not including their gambling losses – last year, a year-on-year growth of 20 percent, The Macau Post Daily reports today, citing official data. Visitors’ non-gambling expenditure accounted for some 16.8 percent of what they spent on gambling last … Continue reading "Macau visitors’ non-gambling spending rises 20 pct in 2011"
21 Feb, 2012
Macau, China, 13 Feb – Cirque du Soleil’s Zaia show at Sands China Ltd.’s Venetian Macao resort will close after its performance on Feb. 19, 3 1/2 years into a 10-year contract, and the casino operator said last week it will redesign the theater. “Entertainment programming is an inexact science,” Ron Reese, vice president for … Continue reading "Cirque du Soleil show in Sands China casino to close this month in Macau"
13 Feb, 2012
Macau, China, 6 Feb – THAI Smile Air, Thai Airways International (THAI)’s new sub-brand carrier, will start its first commercial flight from Bangkok to Macau on July 1. The airways’ maiden Macau route will operate two flights daily. Ticket sales are slated to begin in April. The Macau-Bangkok route’s initial passenger load is expected to … Continue reading "THAI Airways to start Bangkok-Macau route in July"
6 Feb, 2012
Macau, China, 26 Jan – Visitors from Asia accounted for 97.5 percent of Macau ’s record 28 million arrivals last year, according to official tourism statistics cited by The Macau Post Daily earlier this week. In 2010, Asians made up 97.2 percent of all visitor arrivals. While the total number of visitor arrivals rose 12.2 … Continue reading "Asians account for 97.5 pct of visitors in 2011"
26 Jan, 2012
Macau, China, 20 Jan – The Public Security Police (PSP) said Thursday that up to 1.9 million people – residents and visitors – are expected to pass through the checkpoint during the Chinese New Year holidays from this coming Sunday to January 29. PSP Barrier Gate Commissioner Ku Keng Hin told reporters that the police … Continue reading "Police expect 1.9 million people to cross Barrier Gate during Chinese New Year"
20 Jan, 2012
Macau, China, 20 Jan – The tourism associations of Macau and Shenzhen signed a tourism co-operation agreement Thursday that aims to raise the quality of tour services in Macau The Macau Post Daily reports today. The signing ceremony, which was witnessed by Macau Government Tourist Office (MGTO) Director João Manuel Costa Antunes, was held in … Continue reading "Macau, Shenzhen ink tourism co-operation pact"
20 Jan, 2012
Macau, China, 11 Jan – Macau Government Tourist Office (MGTO) Director Joao Costa Antunes acknowledged Tuesday that there was “still much to do” to raise the quality of the local tourism industry. Costa Antunes made the remark on the sidelines of a press conference at Macau Tower about the industry’s developments last year and MGTO’s … Continue reading "Macau tourism chief admits ‘still much to do’ to raise quality of local tourism"
11 Jan, 2012
Macau, China, 30 Dec – Macau’s skyline was ranked 20th in a list of 100 cities all over the world that was released by Emporis, a Frankfurt-based global provider of building-related information, this week, The Macau Post Daily reports today. According to the listing, Macau has 564 high-rise buildings, with a total of 5,211 points. … Continue reading "Macau skyline’s ‘visual impact’ ranks 20th globally"
30 Dec, 2011
Macau, China, 21 Dec – Macau celebrates Tuesday the 12th anniversary of the Special Administrative Region with a Latin City parade through Macau organized by the Cultural Affairs Bureau. The parade with artists and groups from the Latin world, along with a number local talents, started at the Ruins of St. Paul’s and cross the … Continue reading "Macau celebrates 12th anniversary of the Special Administrative Region"
21 Dec, 2011
Macau, China, 16 Dec – Rates of different hotels and guesthouses room categories are published on official website on a permanent basis as a reference for residents and visitors ,Macau Government Tourist Office ( MGTO ) announced . Starting from Dec.15, MGTO published the room rates submitted by the hotel industry, so as to increase … Continue reading "Macau publish room rate on permanent basis for visitors"
16 Dec, 2011
Macau, China, 14 Dec – About 900,000 Taiwanese travelled to the mainland through Macau last year, Wang Chun-bao, director of the Taiwan Visitors Association, said Tuesday, despite the 2008 launch of direct cross-strait flights. Wang, who was in town to present Taiwanese delicacies as a tourist attraction for the island, told The Macau Post Daily … Continue reading "Macau remains mainland-bound Taiwan travellers’ transit hub"
14 Dec, 2011
Macau, China, 24 Nov – Macau recorded 23 million visitor arrivals in the first 10 months of this year, an increase of 11.4 percent from the same period of last year, according to official statistics. In October, the number of visitor arrivals rose 13.6 percent year-on-year to 2.37 million. Same-day visitors accounted for 56.1 percent … Continue reading "23 million visit Macau in Jan-Oct"
24 Nov, 2011
Macau, China, 16 Nov – Macau’s hospitality industry recorded 701,708 guests in September, an increase of 19.1 percent from the same month of last year, The Macau Post Daily reports today, citing official statistics. However, the number of hotel and boarding house guests dropped 13.2 percent from the previous month that logged a record 809,120 … Continue reading "Hotel guests rise 19 pct to over 700,000 in Sept"
16 Nov, 2011
Macau, China, 27 Oct -The government’s Tourism Crisis Management Office (GGCT) is urging residents to suspend any trips to Thailand due to the severe flooding which forced Bangkok ’s domestic airport, Don Muang, to shut down on Tuesday. About one third of Thailand is affected by the catastrophe. “Due to the floods in Bangkok and … Continue reading "Macau government urges residents to suspend trips to Bangkok"
27 Oct, 2011
Macau, China, 17 Oct – Macau’s 63 hotels and 31 guesthouses welcomed 809,120 guests in August, the highest monthly figure on record, according to official statistics quoted by The Macau Post Daily today. The previous record stood at 795,827 in July. August’s number of guests rose 16.3 percent year-on-year. The number of hotel guests in … Continue reading "Hotels log record 809,120 guests in August"
17 Oct, 2011