Surge in Macau's Hotel Sector Q1

INSUBCONTINENT EXCLUSIVE:
quarter of 2019.The region now boasts 141 hotel establishments, an increase of 15 from last year, offering approximately 47,000 rooms.This
rise of 9.9 percentage points from the previous year.A significant portion of the guests, 2.8 million, came from mainland China, marking a
(Photo Internet reproduction)Visitors from Hong Kong numbered 460,000, while those from Taiwan and South Korea were 89,000 and 80,000,
respectively, showing varied increases.In March alone, 1.235 million individuals stayed in these hotels, a 26.3% increase from March
2023.The occupancy rate for March was 83.5%, up 6.4 percentage points from the previous year.Additionally, the first quarter saw 482,000
visitors arriving on organized tours, a substantial year-over-year increase of 329.9%.In total, Macau welcomed over 8.8 million visitors in
the first three months of the year, an impressive 79.4% increase from the same period in 2023.This surge reflects a robust recovery and the
increasing popularity of Macau as a premier travel destination
It draws attention to its expanding hotel industry and enhanced tourist experiences.