Macau hotel occupancy rate climbs to 81.5% in 2023

Macau hotel occupancy rate climbs to 81.5% in 2023

Article brief provided by Inside Asian Gaming
  • Pierce Chan, Inside Asian Gaming
January 30, 2024 2:50 PM
  • Pierce Chan, Inside Asian Gaming

Macau’s hotel occupancy rate reached 81.5% in 2023, representing an increase of 43.1 percentage points compared with the previous year according to information from the Statistics and Census Service (DSEC).

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With the total number of hotel establishments rising by 19 year-on-year to 142 – and the number of guest rooms rising by 23.5% to 47,000 – 2-star hotel rooms enjoyed the highest occupancy rate at 85.1%, followed by 5-star rooms at 82.5%.

Macau’s hotels welcomed 13.57 million guests for the full year, up 170% compared with 2022 and recovering to 96.2% of 2019 levels, DSEC said.

The majority of hotel guests in 2023 were from mainland China, which contributed 9,844,000 hotel stays, while Hong Kong travelers contributed 2,219,000 stays and Taiwanese guests 256,000 stays.