Shanghai Will Get a Mirage by MGM Hotel
Skift Take
Tishman Speyer partners with Diaoyutai MGM Hospitality to open Mirage by MGM Shanghai in 2027 within a new mixed-use tower at The Springs, featuring luxury rooms and upscale amenities.
The Singapore Tourism Board said the city-state welcomed 327,000 Chinese tourists in February, nearing pre-Covid levels. In Thailand, they saw an influx of over 600,000 Chinese tourists that month, only 60% of the figures recorded in February 2019. Vietnam said they welcomed 295,000 Chinese tourists in the month, not even half of its pre-pandemic levels. Singapore and China had a reciprocal visa waiver agreement that went into effect on February 9th, joining Thailand and Malaysia who had abolished visa requirements from China last year. Bloomberg said that not only was Singapore nearing pre-Covid levels with Chinese visitation, the average expenditure per visit by Chinese tourists there surged by 30% from 2023.
Macau’s hotel occupancy rate reached 89.7% in February, up 12 percentage points year on year and almost four percentage points higher than January. The Macao Government Tourism O
