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 jan26 A single Cotai hotel project accounted for 2,724 guest rooms being built in that district last year, and three further Cotai schemes are at the “design” stage, according to an update from Macau’s Bureau of Land Services and Urban Construction. The statement didn’t identify any of the projects by name, but Cotai is predominantly a district for large-scale casino resorts. In terms of new hotel product ready-for-market in 2025, the Capella at Galaxy Macau with 36 villas and 57 “jungle-themed” suites, had a soft launch in May at Galaxy Macau, according to the resort’s operator Galaxy Entertainment Group Ltd. A November note from brokerage Jefferies, citing the casino group, said Phase 4 of Galaxy Macau, would “feature luxury hotels” with about “1,500 rooms”. The 2,724 Cotai rooms mentioned by the Macau government in its Monday update, involved a gross construction area of 116,743 square metres (1.26 million sq.feet). It was the only Macau hotel project built in 2025, the data in...

Chapter Macao, 2000–2025 The Rise of the World's Casino Tourism Capital By Glenn McCartney

 fev26 Macao was elevated into one of the world's top tourism cities in terms of direct travel and tourism gross domestic product. This transformation was set in place in early 2000 with the liberalisation of the city's casino industry and the introduction of multiple casino-integrated resort complexes, many built along what would emerge as ‘The Cotai Strip’. This policy and tourism direction would propel the city into one of the richest cities globally, created by the substantial gaming revenues and tax to the government. Almost three years of COVID-19 restrictions would impact the city given its reliance on the casino and tourism industry. The renewal in 2022 of the six gaming concessions for ten years incorporated government directives on the need for the tourism industry to diversify beyond gaming and advance non-gaming tourism and leisure offerings to add to the tourism revenue mix. As the Greater Bay Area (GBA) evolves and connectivity advances between the GBA cities, a t...

Mainland: regiões ricas e regiões pobres

 jan26 However, looking to 2H26, the analysts note ‘a more difficult path for GGR per visitor to grow’, particularly given that arrivals ‘from the more affluent regions of China have already mostly recovered back or surpassed pre-COVID levels’. This causes the analysts to opine that ‘further visitation recovery is likely to come largely from the less affluent regions with less spending power’. This could then offset upsides from higher-spending VIPs. Overall, for 2025 GGR per visitor was down by 5 percent, to MOP6,174 ($770.5), despite Macau recording its highest-ever tourism influx – nearly 40.07 million tourists, a yearly increase of 13.7 percent. VIP GGR growth was 24 percent yearly, with the segment making up 27 percent of total FY25 GGR, note the analysts. Mass GGR also increased during the year, but only by 4 percent yearly. The VIP growth was particularly accelerated in the final quarter of the year, rising by 45 percent to MOP20.3 billion ($2.53 billion). The analysts note ...

"How to attract foreign tourists?" (+ Charter flights) II

jan26 Visitors from Portugal, Spain below pre-pandemic levels despite investments https://macaudailytimes.com.mo/visitors-from-portugal-spain-below-pre-pandemic-levels-despite-investments.html  (desde 26/1/26) Macau’s international visitors reached 2.76 million in 2025 – up 13.7% year-on-year https://asgam.com/2026/01/25/macaus-international-visitors-reached-2-76-million-in-2025-up-13-7-year-on-year/

Macau atinge novo recorde máximo de visitantes em 2025

jan26 Macau recebeu mais de 40 milhões de visitantes em 2025, um novo máximo histórico, ultrapassando o anterior recorde de 39,4 milhões, fixado em 2019, antes da pandemia de covid-19, foi hoje anunciado O número de visitantes que passou pelo território no ano passado foi o mais elevado desde que a Direção dos Serviços de Estatísticas e Censos ( DSEC ) começou a compilar dados mensais, em 1998, ainda durante a administração portuguesa. Macau acolheu no total quase 40,1 milhões de visitantes, mais 14,7% do que em 2024 e acima da meta de 39 milhões, fixada em 16 de dezembro pela diretora dos Serviços de Turismo de Macau, Maria Helena de Senna Fernandes. No entanto, quase 59% dos visitantes (23,5 milhões) chegaram em excursões organizadas e passaram menos de um dia em Macau no ano passado. Em 2024, o Governo Central divulgou uma série de medidas de apoio ao território, como o aumento do limite de isenção fiscal de bens para uso pessoal adquiridos por visitantes da China. Ao mesmo tempo, ...

Macau Legends

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 jan26 Macau Legend raises US$11.1 million despite poor take-up of rights issue   by   Ben Blaschke     Fri 23 Jan 2026 at 00:55 Troubled Macau Legend Development Ltd said Thursday it had successfully raised HK$86.4 million (US$11.1 million) after expenses via a rights issue, despite less than half of the shareholder rights on offer being subscribed for by shareholders. In a filing, the company revealed that the 1-for-2 rights issue, under which it offered 310.1 million new shares, saw around 153.4 million shares subscribed for, representing 49.5% of the total offer. This included 98.9 million shares taken up through normal entitlements and 54.5 million shares through excess applications. While around 156.6 million shares representing 50.5% of the offer were left unsubscribed, co-underwriters East Asia Securities and Platinum Broking took up the remaining shares as per the underwriting agreement, leaving them with 16.8% of the company’s enlarged share capital. M...

Top risk adviser Steve Vickers: economic and security concerns increasingly intertwined

jan26 Unprecedented challenges are emerging, driving operational and insurance costs higher at a difficult time for global markets and the world economy, the analyst says ‘Separating economic and security concerns is now close to impossible,’ Vickers adds, warning companies to be mindful of the implications https://macaonews.org/news/business/steve-vickers-security-analysis-macau-britcham/ Gaming growth faces geopolitical, regional risks in 2026, says political analyst https://macaudailytimes.com.mo/gaming-growth-faces-geopolitical-regional-risks-in-2026-says-political-analyst.html