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MO Nov Avg. Hotel Room Occupancy Rate Climbs to 89.7%
Recommend 11 Positive 34 Negative 10 |
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Information from Macau's Statistics and Census Service indicated that inbound package tour visitors totaled 213,000 in November 2024, an uplift of 5.2% YoY. The average occupancy rate of guest rooms of hotel establishments rose by 6.6 ppts YoY to 89.7%. Meanwhile, number of guests dropped by 2.5% to 1.174 million, whereas their average length of stay extended by 0.1 night to 1.7 nights. In 11M24, the average occupancy rate of guest rooms of hotel establishments climbed by 5 ppts YoY to 86.1%. Total number of guests grew by 8.1% YoY to 13.242 million, whereas their average length of stay remained at 1.7 nights. AAStocks Financial News |
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