THE M3: SEPT MARKET SHARES; OCCUPANCY RATE; NO GRAND WALDO SALE

The Macau Metro Monitor, October 5, 2012

SANDS, GALAXY EVEN IN SECOND PLACE

According to Lusa sources, Galaxy and Sands China both had 18% share in September.  SJM had 27%, MPEL had 14%, WYNN had 13% and MGM remained steady at 10%. 

OCCUPANCY RATE AT 88% DURING THE GOLDEN WEEK HOLIDAY Macau Daily News

Vice‐president and secretary general of Macau Hoteliers & Innkeepers Association said that the average hotel occupancy rate stood at 88% on October 1, and the overall occupancy rate during the Golden Week is expected to be similar to that of last year.  Tourists were mainly from the Pearl River Delta region, and the number of individual tourists is expected to grow.  

GET NICE FAILS TO SELL GRAND WALDO Macau Business

Hong Kong-listed Get Nice Holdings Ltd failed to reach an agreement to sell its 65% stake in Grand Waldo.  The company told the Hong Kong Stock Exchange in July it was planning to sell the property to “a member of an international group engaged in the operation of a number of hotels, casinos and other entertainment facilities”.  On Wednesday, Get Nice announced that the deal fell through.