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MO Hotel Sector Expects Stable, High Occupancy During May Day Holiday w/ Pressured Avg. Room Rates
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With the May Day holiday approaching, Cheung Kin Chung, President of Macau Hoteliers and Innkeepers Association, said that the upcoming 2026 Golden Week features a total of five-day holiday in mainland China (1–5 May), according to Macao Daily News. Day trips and multi-day tours are taking place simultaneously, and the trend of 'holiday extension' for travel made Macau-Hengqin joint tourism and 'multi-stop' trips within the Greater Bay Area popular new trends. The total number of inbound travelers and single-day foot traffic are expected to post scalable growth. Hotel occupancy rates are expected to stabilize at high levels, primarily concentrated during the middle of the holiday, but average room rates would be under pressure. Hotel booking rates are currently rising steadily. In the ZAPE district, average room rates are about MOP900 per night. Auto-translated by AI AASTOCKS Financial News |
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