Hotels in Macau had a record result in the month of August. The 105 properties of the resort served as many as 1.07 guests, showing a year-on-year increase of 7.7 percent. Traditionally, Macau was mostly visited by guests from mainland China (688,000 visitors), Hong Kong (178,000 visitors), and Taiwan (40,000 guests). The number of visitors from these destinations added 5.5%, 14.3% and 11.8% respectively. The biggest increase in the number of visitors was reached by guests from South Korea 40.3%.
Even though Macau greets so many visitors, most of them don’t stay long there. The average length of stay hasn’t changed compared to the previous level and estimates 1.4 nights. At the same time, hotels in Macau post very high levels of occupancy. The average occupancy estimated 90.3% in August. That is the highest result since February 2014 and 4.1% higher than in August 2015.
As the resort’s popularity keeps increasing, many hotel companies are interested in opening hotels there, so the supply is growing. In August 2016, there were 33,000 guestrooms in Macau, 3,400 more than a year ago. Starting from the beginning of this year, the hospitality industry of Macau has welcomed 7.56 million visitors. That is 12% more than during the same period of 2015.