, Macau

Macau tourism grows slowly by 0.86% in June

Costly transportation and accommodation pushed tourists away.

Macau tourism had a dry season when it posted a 0.86% YoY growth rate of visitor arrivals in June.

According to a report by OCBC, the number of visitors from mainland China increased by 0.8%, whilst that from Hong Kong dropped by 3.9%, and the number from Taiwan fell by 9.9%.

Costly transportation and accommodation services could have deterred some tourists, OCBC said.

However, the number of overnight visitors grew for the 23rd month, whilst the share of overnight visitors hit a record high of 56.7%.

Tourist flow from Japan increased 13.5% whilst South Korea's soared by 42.2%.

"This indicates factors including global recovery, a stable MOP and a wide range of promotions offered by a slew of new hotels could still help to lure tourists from various countries to stay overnight and therefore continue to support the revival of the tourism sector," OCBC said.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Access Partnership closes $16.6m raise with Mayfair and Kartesia
The firm plans to use the capital for acquisitions and to deepen its global footprint.
Saudi Arabia may set up crude oil storage in Singapore
The joint venture will commence in Jurong Island in the second half of 2027.