Macau’s hotel and integrated resort operators are feeling optimistic about the upcoming “May Day” Golden Week holiday, with hotel occupancy rates expected to reach close to 90% according to industry experts.
The May Day Golden Week is a traditional holiday in China, with the mainland set to enjoy a seven-day break from 1 to 7 May.
President of the Macau Travel Industry Council, Andy Wu, told IAG that the holiday is likely to be the busiest week in Macau since the COVID-19 pandemic.
“More than half of the hotels, especially those owned by the six concessionaires, are fully booked and the average occupancy rate is quite high,” he said, adding that visitor arrivals are expected to exceed the 98,000 who arrived in Macau last Saturday – the highest single day tally since early 2020.
