Macau’s hotel occupancy rate plummeted to just 37.5% through the first nine months of 2022, a drop of 12.9 percentage points on the already suppressed 2021 figures.

According to information from the Statistics and Census Service, the number of hotel guests was also down 25.5% year-on-year to 3,754,000 for the nine months to 30 September 2022, although the average length of stay increased slightly to 1.9 nights versus 1.8 nights a year ago.

This follows an 11.9 percentage point fall in September’s hotel occupancy rate to 37.6%, with the rate for 4-star hotels falling by 21.5 percentage points. The September occupancy rate was marginally better than the 33.3% rate reported for August.