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THE MACAU METRO MONITOR, FEBRUARY 10, 2014

CASINOS RECORD A BRIGHT MOP8.3-BLN START TO MONTH Macau Business

Casino revenue for the first six days of this month reached MOP8.3 billion (US$1.04 billion), a run rate was MOP1.39 billion.  In the first seven days of the Lunar New Year holidays last year revenue was MOP7.2 billion. Credit Suisse says mass-market gaming revenue in the first five days of the holidays was up to 25% YoY.

HOTEL STATS Macau Business

The Macau Government Tourist Office said the average occupancy rate of three-, four- and five-star hotels was 94.4%, 5.4% points higher than last year.  Five-star hotels saw the biggest increase in their average occupancy, which rose by 6.3% points to 97.2%.  The average room rate in three- to five-star hotels climbed by 17.5% to MOP2,387 (US$298).

SANDS RECORDS 1.8 MILLION VISITS DURING HOLIDAYS Macau Business

There were 1.8 million visitors to Sands China Ltd’s casino-resorts between January 31 and last Thursday.  Its resorts had an average of around 260,000 visitors a day during the first week of the lunar year.

CHIMELONG RESORT DRAWS 500,000 IN FIRST 10 DAYS Macau Business
The Chimelong International Ocean Resort on Hengqin Island drew about 500,000 visitors during its first 10 days in business.  A spokesman for the owners said the resort had up to 80,000 visitors a day during the Lunar New Year holidays, and that most were independent travellers from Zhuhai and elsewhere in the Pearl River Delta region. He said about 500,000 people had visited the resort between January 28 and last Thursday.

TAIPA FERRY TERMINAL TO BE OPERABLE IN Q2 OF 2014 Macau Daily TImes

After an almost five-year delay, the Infrastructure Development Office (GDI) finally confirmed that the first and second stages of construction of the Pac On Ferry Terminal in Taipa will finish in 2Q.