The total number of visitor arrivals in 2006 increased 18% over 2005 to a new record of 21,998,122; visitors from Mainland China and Hong Kong accounted for 55% and 32% of the total respectively. Mainland visitors travelled to Macao under the Individual Visit Scheme totalled 5,905,477, up by 11%. Visitor arrivals in package tours also increased 9% to 2,925,724.
In 2006, number of residents travelling in package tours went down 8% over 2005 to 272,444, while those travelled under own arrangements using services provided by the travel agencies increased 12% to 372,159.
The opening of 6 new hotels in 2006 increased the availability of guest rooms by 20% to 12,978. While the number of hotel guests recorded a 14% year-on-year growth to 4,680,854, the average hotel occupancy rate rose by 1.3 percentage points to 72.3%. The average length of stay of hotel guests was 1.21 nights, a slight decrease of 0.01 night compared with 2005.
Per-capita spending of visitors was MOP 1,610 in 2006, up by 6% over 2005; per-capita spending of Mainland visitors topped with MOP 3,215. Compared with 2005, per-capita spending of visitors arriving by sea and by land was MOP_1,302 (+5%) and MOP 1,937 (+6%) respectively, while that of visitors arriving by air was MOP 4,723 (-3%).
Per-capita non-shopping spending (excluding gaming expenses) of visitors was MOP 863, a marginal increase of 1% over 2005. Visitors from Mainland China led with MOP 1,143. Expenses on food & beverage; and accommodation took up 39% and 38% respectively of the per-capita non-shopping spending of visitors.
Per-capita shopping spending of visitors posted a 11% growth over 2005 to MOP 747. Mainland visitors took the lead with MOP 2,071, while that of Hong Kong visitors was MOP_216. Spending on local food products (26% of the total shopping spending) and clothing (19%) took the largest share.
Per-diem spending of visitors was MOP 1,485, an increase of 11% over 2005; visitors from Mainland China had the highest per-diem spending of MOP 2,619. The average length of stay (1.1 days) of visitors was similar to that of 2005, while the average for the tourists and same-day visitors was 1.6 days and 0.2 day respectively.
Source | Statistics and Census Service
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Rents are generally half the price of what people pay as mortgage. I saw exactly the same thing happening in HK in 1997. We all know how that ended. I have no doubt it will all go wrong in Macau too, when it becomes oh so obvious that there are way too many casinos. My estimated guess says 2009.