In Macau, the first five months of the year reportedly saw average daily hotel occupancy rates increase by 4.4% year-on-year to hit 89.3% while the median price for a three-star to five-star room rose by 5.7% to stand at around $164.54 per night.
According to a Tuesday report from GGRAsia citing official figures from the city’s Statistics and Census Service, the average daily five-star hotel occupancy rate for the five months to the end of May had swelled by 6.7% year-on-year to 91.6% while the figure for their four-star counterparts had improved by 3.1% to reach 90.4%.
The figures also showed that the five-month period had seen the average length of stay at a five-star Macau hotel hit 1.7 days, which was slightly longer than the city-wide tally of 1.5 days, while the enclave’s hotels and guesthouses had welcomed 8.2% more guests when compared with the same period in 2017 at just over 5.71 million.
GGRAsia additionally reported that Macau’s hotels and guesthouses had featured some 38,600 rooms in May, which represented an improvement of 6.4% year-on-year, with approximately 61% being classified as five-star accommodation. The 31-day month saw the combined median daily occupancy rate for four-star and five-star properties achieve a tally that was 2.5% higher than the city-wide average at 90%.
Citing separate figures from the Macao Government Tourism Office and the Macau Hotel Association, GGRAsia reported that the average daily cost for a five-star room in Macau during the five-month period had risen by 2.7% year-on-year to approximately $203.51 while the rate for their four-star equivalents had jumped by 10.3% to around $100.79.