THE MACAU METRO MONITOR, AUGUST 16, 2013
FILIPINO TYCOON SETS SIGHTS ON GAMING IN MACAU Macau Business
Filipino tycoon Enrique Razon says he means to use his Manila venture - Solaire casino - as a springboard for expansion overseas. Razon says he is interested in markets with established rules for gaming, such as Macau. He expects the government to allow new companies into the gaming market in 2020, when gaming licences begin expiring.
PACKAGE TOURS AND HOTEL OCCUPANCY RATE FOR JUNE 2013 DSEC
DSEC indicated that visitor arrivals in package tours increased by 19.5% YoY to 790,996 in June 2013. Visitors arrivals in package tours mainly came from Mainland China (622,977), with 216,690 coming from Guangdong Province, followed by those from Taiwan (44,918); Hong Kong (32,202) and the Republic of Korea (25,886).
There were 99 hotels and guesthouses operating at the end of June 2013, providing 28,082 rooms, up by 15.7% YoY. Guest rooms of 5-star hotels accounted for 66.5% of the total.
The average length of stay of guests held stable from a year earlier, at 1.3 nights.