Macau prepares for tourists during Christmas and Chinese New Year
The city expects more visitors during peak holiday seasons
On 3 December, during the opening ceremony of The 11th International Infrastructure Investment and Construction Forum (IIICF) at The Venetian in Cotai, the secretary for Economy and Finance Lei Wai Nong informed reporters that Macau expects more tourists — especially for mainland China — throughout Christmas and Chinese New Year (CNY), the city’s peak holiday seasons, reported Macao News.
Lei commented that the government has been planning initiatives to boost economic recovery by promoting Macau and luring visitors to extend their stay in the city.
He also pointed out that ever since the implementation of the Individual Visit Scheme travel permits for all mainlanders, the number of tourists has increased progressively.
More: Public in distress over price of new housing scheme proposed by Macau government
The government has also set afloat a grant subsidy programme, giving out 60,000 hotel stays to mainland tourists. Consequently, the average stay has bumped up to around 2.8 nights, which has supported economic healing with over MOP200 million (USD25.1 million).
The recouping of Macau’s tourism sector is incredibly important to the economy’s recovery as a whole.
Thus, Lei address how influential longer stays in Macau can be, particularly for the upcoming festivities of Christmas, Western New year, and Chinese New Year.
Recommended
6 developments driving Asia’s green real estate shift
Developers are being incentivised to push a green agenda into daring new realms
The Philippines’ LIMA Estate drives sustainable industrial growth
LIMA Estate models a citywide vision that uplifts workers while appealing to climate-conscious employers
Malaysia property market rebounds with foreign interest and growth
The nation’s property market is stirring to life, fuelled by foreign buyers and major infrastructure drives
China’s renewable energy surge redefines housing norms and development
From exporting solar panels to building entire green-powered neighbourhoods, China’s renewable surge is redefining housing norms