Macau’s hotel operators have reported an occupancy rate of 16.4% in September, down 69.0 percentage points compared with the same month in 2019 according to figures published by the Macao Government Tourism Office.
The decline included a 74.7 percentage point fall in 5-star hotels where occupancy was just 12.6%, while 4-star and 3-star hotels reached 26.7% and 22.1% respectively.
Occupancy rates were only slightly better than August when the MGTO reported 13.3% occupancy across all hotels, of which more than two-thirds of the 184,000 people to stay in a hotel throughout the month were Macau locals.
September also saw a 39.2% year-on-year reduction in average hotel room rates to MOP$789.10.
5-star hotels saw a 28.1% decline in room rates to MOP$1,080.60, 4-star a 57.7% decline to MOP$292.90 and 3-star a 34.4% decline to MOP$654.50.
As previously reported by IAG, hotel occupancy rates climbed to 43.6% during the recent October Golden Week.