Macau Set to Gain Over 4,000 New Hotel Rooms

STR reported China hotel data for the week ended January 25. Hotel RevPAR in China was down -19.2% year over year. While up against an easy comp of a decline of -11.2% in the year-ago week, this week also was impacted by the timing of Chinese New Year, a couple of weeks earlier this year. ADR was only down -0.1% year over year for the week but occupancy was down -19%.

The timing of the actual CNY may be behind a drop of -34.9% in the visitor arrivals for the first day of the Golden Week in Macau. The first official day brought 78,968 arrivals, way down from last year. The big difference is last year’s first official day was on a Friday while the Year of the Wood Snake took place mid-week with the first official day of the Golden Week being on a Tuesday. Arrivals from Mainland China were down -36.8% to 52,202.

Macau’s Land and Urban Construction Bureau reported that there were 2,928 hotel rooms being built in Macau at the end of 2024. There were four hotel projects under construction and a further 10 undergoing governme