Macau hotel occupancy rate fell to just 38.4% in 2022 but MGTO says hopes high for year ahead

Monday, January 30, 2023 2:59 PM
  • Pierce Chan, Inside Asian Gaming

The average occupancy rate of Macau’s hotels throughout 2022 fell to just 38.4%, down 11.7 percentage points compared to 2021, according to information from the Statistics and Census Service. It was also well under half of the 90.8% occupancy rate in 2019.

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Last year saw just 5.11 million people stay in hotels, down 22.8% year-on-year. The hotel occupancy rate was 90.8% in 2019, including 3.86 million mainland guests – a decrease of 28.1% – although local guests increased slightly to 907,000. The average length of stay was maintained at 1.8 nights.

The year ended slowly too, with the number of hotel guests in December falling by 29.8% year-on-year to 457,000. Mainland guests fell by 35.4% to 340,000 and the number of local guests decreased by 9.9% to 77,000 in the final month of the year.