Macau Visitors Still Down YoY
Skift Take
- Macau’s tally of visitors reached 81,798 for the seven days from August 12 to August 18 inclusive, a daily average of about 11,685.
- According to the latest Construction Pipeline Trend Report from Lodging Econometrics, the total China hotel construction pipeline is at 3,693 projects/701,974 rooms.
- Hilton signed six new luxury hotels in Asia Pacific which will open over the next four years.
Macau’s tally of visitors reached 81,798 for the seven days from August 12 to August 18 inclusive, a daily average of about 11,685. That 56% rise from the preceding week also included a single day record since the seven-day quarantine was lifted, over 17,000 visitors on Saturday, August 20. In July, visitor arrivals fell -98.8% year on year due to the Covid outbreak. In the first seven months of 2022, the number of visitor arrivals was down -26.3% year on year to 3,474,866.
According to the latest Construction Pipeline Trend Report from Lodging Econometrics, the total China hotel construction pipeline is at 3,693 projects/701,974 rooms. At the end of the second quarter, the country’s construction pipeline stands at 3,711 projects/704,101 rooms. Projects presently under construction are at 2,581 projects/470,021 rooms. Projects starting construction in the next 12 months are at 510 projects/97,607 rooms and projects in the early planning stage are a
