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out24 Chinese consumers have become more inclined to strategic spending in their luxury purchases, said market analyst Luca Deplano, emphasising quality and personal lifestyle as top priorities. Deplano, director of Agility Research and Strategy, provided this insight at a breakfast talk by the France Macau Chamber of Commerce on Wednesday. Speaking to Macau News Agency about the overall picture, Deplano said that better-off consumers, especially those on the Chinese mainland, had remained committed to their preferred luxury brands despite reports of a possible tightening of wallets. “They are more discerning, so they’re still spending on brands they love,” the market analyst pointed out. “They’re still spending on experiences that they really enjoy.” Citing his own data, he stressed that no significant lifestyle downgrading had been observed among affluent consumers. “They are cutting out all the brands that are not that relevant or with whom they never really built a loyal connection...

 out23 Se o sector do turismo tiver interesse na abertura de novas rotas turísticas marítimas, a Direcção dos Serviços para os Assuntos Marítimos e de Água (DSAMA) pode dar luz verde, indicaram as autoridades em resposta a uma interpelação escrita do deputado Ho Ion Sang. A Direcção dos Serviços de Turismo (DST) assegura que vai continuar a promover o modelo de viagem marítima das ilhas entre Macau e os destinos adjacentes, cooperando com a DSAMA sobre a possibilidade de instalação de mais portos e melhorar as instalações. O deputado apontava na sua interpelação que “Macau tem uma estrutura económica pouco diversificada, mas é rico em recursos costeiros”. Por isso, “o Governo deve estudar sobre a possibilidade de aprofundar, continuamente, a cooperação entre Guangdong e Macau, tomando como ponto de partida o desenvolvimento da economia marítima, acelerando a promoção do turismo marítimo e dos projectos de lazer e de turismo, ou mesmo do modelo de turismo baseado na integração de pa...

 set24 Regional competition I ntegrated resorts (IRs) must adapt to government expectations and shifting market dynamics to remain competitive, a gaming expert said. Niall Murray, an expert in IRs, gaming and hospitality, shared insights on the evolving IR landscape during yesterday’s breakfast talk hosted by the France Macau Chamber of Commerce (FMCC). The event, titled “Growing Regional Competition, Diversification and Its Impact on Integrated Resorts in Macau,” highlighted both the challenges and opportunities facing IRs in Macau and across Asia as they navigate a post-pandemic world. With a wealth of experience from senior roles at notable establishments like Omni Hotels and the Venetian in Las Vegas, he underscored the growing regional competition Macau faces. https://macaudailytimes.com.mo/macau-faces-growing-regional-competition-in-a-changing-ir-landscape.html out23 In the latest investment memo published by  Deutsche Bank , analyst  Carlo Santarelli  notes th...

 out23 China has announced visa-free travel for foreigners from dozens of countries wanting to visit the cities of the Greater Bay Area (GBA) – so long as they enter and exit the mainland from either Macao or Hong Kong as part of a package tour ,   TDM reports . The scheme starts this month and will allow foreigners to spend six days in the GBA cities of Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing – as well as the coastal city of Shantou. https://macaonews.org/greater-bay-area/visas-china-macau-macao-greater-bay-area/