None of the concessionaires have applied for the rebates, reports say, and they are not mentioned in Macao’s 2024 budget.
macao
The Travel Industry Council says Christmas is a popular time to escape Macao, with bookings on the rise for Japan, South Korea and Thailand over the festive season.
The local government has strongly condemned the new rating, which was made because of the city’s close ties to mainland China’s sluggish economy.
The official designation is a significant win for Macao’s tourism industry, which wants to lure more foreign visitors to the city.
The current average is less than four weeks, though it takes much longer for a first consultation with certain specialists.
The third quarter’s total non-gaming spend was up almost 30 percent when compared to the same three-month period in 2019.
The prestigious event brings key industry players together to hash out the future of tourism in the region and gives Macao an opportunity to showcase its own offerings.
The government says it is putting plans for its affordable housing project on hold, due to lacklustre demand.
Talented foreigners who wish to work in Macao under the government program will be assessed through a points based system that consists of six categories.