Scientific Game

Macau MICE events surge by more than 8% in 2017

Thursday, 01 March 2018 18:39
Share
Visit us

A total of 1,381 MICE events (meetings, incentives, conferences and exhibitions) were held in Macau during 2017, up 8.2% year-on-year, information by the Macau SAR Statistics and Census Service (DSEC) reveals.

The number of participants in MICE events also increased 10.4% to 1.9 million in 2017 compared to the previous year.

While the number of meetings and conferences increased 7.5% in 2017 to 1,285, the number of exhibitions decreased by four to 51. Participants in meetings and conferences were up 39.3% to 245,000 in the period, while the number of attendees to exhibitions increased 7.2% to 1.6 million.

DSEC also said that the average duration of meetings and conferences was 1.6 days, up by 0.1 days year-on-year, with total floor area used up by 53.3% to 1,198,000 square meters. Total floor area used in exhibitions decreased 2.7% to 302,000 square meters.

The number of incentives increased by 19 year-on-year to 45, with the number of participants expanding by 5.4% to 48,000.


Quarterly muscle

During the fourth quarter of 2017 there were a total of 378 MICE events, including 354 meetings and conferences, 18 exhibitions and six incentives. The total number of participants and attendees was 694,000.

While the number of meetings and conferences during the period increased by only two year-on-year, the number of participants in the segment rose 23.8% to 86,000. The overall average duration of meetings and conferences was 1.6 days with total floor area used down 20.6% to 313,000 square meters.

There were two more exhibitions year-on-year in Q417, with 45.8% more attendees (591,000). The average duration of the exhibitions was 3.3 days, up by 0.1 days year-on-year, whereas the total floor area used dropped by 2.0% to 152,000 square meters. The number of incentives went up by three year-on-year to six and the number of participants grew by 14.1% to 16,000. The average duration of the incentives increased by 0.3 days year-on-year to 2.6 days, while total floor area used dropped by 21.0% to 136,000 square meters.


Show data

Exhibitions in 2017 attracted 5,533 exhibitors, with 28.6% (1,582) of them coming from mainland China and 35.9% (1,989) from Macau. There were 99,000 professional visitors, 53.3% of those coming from Macau (53,000).

Information collected from 1,230 interviewed exhibitors in 2017 showed 95.8% of their receipts were generated from sales of products and 50.9% of their expenditure was incurred on rental paid for exhibition booths.

 

What's new

VIDEO: Week in Review

VIDEO: Week in Review Inside Asian Gaming takes a look back at the biggest stories of the past week. Friday, 22 June 2018 07:06

Melco hosts workshop on Occupational Safety and Health Management for SMEs

Melco hosts workshop on Occupational Safety and Health Management for SMEs Melco Resorts & Entertainment Limited has conducted a workshop in which it shared with local SMEs the latest trends in Occupational Safety & Health Management Certification and Melco’s experience and expertise in the matter. The workshop attracted SME representatives from various industr... Friday, 22 June 2018 06:55

SJM grants Ina Chan 3 million ordinary shares

SJM grants Ina Chan 3 million ordinary shares Ina Chan, a newly appointed executive director at SJM Holdings and third wife of former Chairman Stanley Ho, has been granted share options totaling 3 million ordinary shares, the company has announced. The shares have an exercise price of HK$10.26 per share. Dr Chan was voted to the board at SJM... Friday, 22 June 2018 06:51

Korea’s foreigner-only casino turnover down 5.4% in 2017

Korea’s foreigner-only casino turnover down 5.4% in 2017 Korea’s foreigner-only casinos saw turnover fall 5.4% to KRW1.2 trillion (US$1.1 billion) in 2017 according to figures released this week by the National Gambling Control Commission (NGCC). The fall in casino gaming activity was linked to a similar 6.2% decline in casino visitation to 2.2 million... Friday, 22 June 2018 06:35

Current Issue

Tribal Ambition

Tribal Ambition By Muhammad Cohen and Ben Blaschke   Mohegan Gaming and Entertainment CEO Mario Kontomerkos believes the Native American casino operator has two aces in the hole for Japan, especially when it comes to the so-called regional markets beyond major areas. In his presentation at last month’s Japan ... Monday, 04 June 2018 20:55

Social Gathering

Social Gathering By Shaun McCamley   Social casino gaming is booming. In 2017, the global social gaming industry generated a whopping US$106 billion in revenues, with the social casino segment generating US$4.5 billion in revenues. Not surprisingly China, Japan and Korea generated 90% of the games revenue in the... Monday, 04 June 2018 20:44

Redefining Tourism

Redefining Tourism By Muhammad Cohen   In an era when tourism constitutes a growing portion of the global economy, integrated resorts present a potent although frequently misunderstood means for growing visitor arrivals and revenue. It’s not simply the casino but their range of attractions that make IRs such powe... Monday, 04 June 2018 20:37

Japan IR Timeline

Japan IR Timeline By Ben Blaschke   What year for Japan’s first IR? It’s a question that continues to divide industry stakeholders, the answer further clouded by the substantial disparity in opinion offered at last month’s Japan Gaming Congress (JgC) in Tokyo. At the nearer end of the scale, members of the... Monday, 04 June 2018 20:27