Macau resorts record improved five-month tenancy prices

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Macau resorts record improved five-month tenancy prices

 


In Macau, the first 5 months of the year apparently saw average everyday resort tenancy prices increase by 4.4% year-on-year to hit 89.3% while the average price for a three-star to five-star room increased by 5.7% to stand at about $164.54 each evening.

 

 

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Inning accordance with a Tuesday record from GGRAsia mentioning official numbers from the city's Statistics and Demographics Solution, the average everyday five-star resort tenancy rate for the 5 months throughout of May had swelled by 6.7% year-on-year to 91.6% while the number for their four-star equivalents had improved by 3.1% to get to 90.4%.

The numbers also revealed that the five-month duration had seen the average size of remain at a five-star Macau resort hit 1.7 days, which was slightly much longer compared to the city-wide tally of 1.5 days, while the enclave's resorts and guesthouses had invited 8.2% more visitors when compared to the same duration in 2017 at simply over 5.71 million.

GGRAsia furthermore reported that Macau's resorts and guesthouses had featured some 38,600 rooms in May, which stood for an enhancement of 6.4% year-on-year, with approximately 61% being classified as five-star accommodation. The 31-day month saw the combined average everyday tenancy rate for four-star and five-star residential or commercial homes accomplish a tally that was 2.5% greater compared to the city-wide average at 90%.

Mentioning separate numbers from the Macao Federal government Tourist Workplace and the Macau Resort Organization, GGRAsia reported that the average everyday cost for a five-star room in Macau throughout the five-month duration had increased by 2.7% year-on-year to approximately $203.51 while the rate for their four-star matchings had leapt by 10.3% to about $100.79.

Mentioning separate numbers from the Macao Federal government Tourist Workplace and the Macau Resort Organization, GGRAsia reported that the average everyday cost for a five-star room in Macau throughout the five-month duration had increased by 2.7% year-on-year to approximately $203.51 while the rate for their four-star matchings had leapt by 10.3% to about $100.79.

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