THE M3: MID-AUTUMN CROSSINGS; PACKAGE DATA; CHINA HOME SALES

The Macau Metro Monitor, September 14, 2011

 

 

MID-AUTUMN FESTIVAL HOLIDAY SEES INCREASING TRAVELERS Jornal Va Kio

The Hengqin checkpoint recorded 27k border crossings in the 3-day mid-autumn festival holiday, up 42% YoY. 

 

PACKAGE TOURS AND HOTEL OCCUPANCY RATE FOR JULY 2011 DSEC

Visitor arrivals in package tours soared by 46.1% YoY to 670,664 in July 2011.  Visitors from Mainland China (489,503); Taiwan (46,776); Republic of Korea (31,066); and Hong Kong (28,839) surged by 51.2%, 90.8%, 151.1% and 19.3% respectively. 

 

At the end of July 2011, total number of available guest rooms of hotels and guest-houses increased by 2,080 (+10.5%) YoY to 21,804 rooms, with that of 5-star hotels accounting for 62.8% of the total.  The average length of stay of guests decreased by 0.07 night to 1.4 nights. The average occupancy rate of hotels and guest-houses notched up a record high of 88.2%, up by 8.2% points YoY.

 

CHINA REAL ESTATE MARKET SLUMPS IN EARLY SEPT Capital Vue

According to Shanghai Securities News, home transactions in first-tier cities in China fell significantly in early September.  New home transactions in the first 12-day period in September in Beijing averaged just 135 units, the lowest level since February; while Shanghai new home transactions so far in September fell 4% MoM to 1,648 units.


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