THE M3: HOTEL RATES; CUSTOM TOURS

10/29/13 07:43AM EDT

THE MACAU METRO MONITOR, OCTOBER 29, 2013

HOTELS HAS NO PLAN TO DECREASE ROOM RATE Macau Daily News

The new Tourism Law has started to see impact on the tourism and hotel industries of Hong Kong and Macau.  As the number of package tours from mainland China decreased by 50% in October, hotel occupancy rate has also seen a decline.  Though a decrease in both package tours and occupancy rate, hotels do not have the intentions to cut prices as they are optimistic that the number of tourists will go up in November and December with different big events are happening in those two months.

CUSTOMIZED TOUR PRODUCTS ARE GETTING POPULAR IN CHINA Macau Daily News

With the new tourism law launched in October 1st, outbound tourism market has started changing.  Custom Tours has become popular where tourists can design their own itineraries and have their own choice of traveling partners. China has become the world’s largest tourist country in 2012 with 83.18 million Chinese traveling abroad.

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