Hotels receipts increased 14.5 per cent last year
Hotels and Travel Agencies Receipts Increased in 2018
Last year, receipts of hotels and guesthouses in Macao increased by 14.5 per cent, while travel agencies saw their receipts grow by 10.4 per cent, according to the results of the Statistics and Census Service (DSEC) surveys to both sectors referring to 2018.
DSEC figures show that the number of operating hotels and guesthouses increased by 3 to 116 year-on-year in 2018. There was a total number of 82 hotels in Macao last year. The receipts of hotels alone amounted to MOP37.21 billion in 2018, up by 14.5 per cent year-on-year. After deducting the expenditure of the sector, which amounted to MOP31.78 billion, gross surplus of the hotels soared by 51 per cent to MOP5.43 billion, which is the highest record since the launch of this survey.
In which, receipts of 5-star hotels surged by 18.6 per cent to MOP29.04 billion; receipts of 4-star hotels went up by 5.2 per cent to MOP4.39 billion; receipts of 3-star and 2-star hotels dropped by 2 per cent to MOP3.78 billion. The number of guesthouses remained at 34, with receipts surged by 40.8 per cent year-on-year to MOP80.20 million.
As for travel agencies, there were 221 operating in 2018, which was up by 11 year-on-year, and the receipts of the travel agencies amounted to MOP9.17 billion, up by 10.4 per cent year-on-year. Receipts of travel agencies generated from room reservation services by outbound residents travelling under own arrangements surged by 23.1 per cent year-on-year to MOP2.92 billion, while those from passenger transport ticketing grew by 6.4 per cent to MOP1.77 billion. Meanwhile, receipts from rentals of coaches with driver increased by 21.5 per cent to MOP1.21 billion. At the same time receipts from package tours inched down by 0.4 per cent to MOP2.48 billion, while expenditure on package tours (MOP2.09 billion) dropped by 4.5 per cent. Operating expenses decreased slightly by 0.8 per cent year-on-year to MOP850 million. Gross value added that measures the sectoral contribution to the economy totalled MOP1.24 billion, up by 10 per cent year-on-year.