Retendering21-22

may24 The post-pandemic resurgence in Chinese  outbound travel  is expected in 2024, with the most popular destinations in Asia including many countries and cities with developed gaming industries. However, a researcher warns that changing consumer behaviors among Chinese travelers could signify a reduction in gaming spending. The recently released ‘Chinese Traveler Sentiment Report Spring 2024’, conducted by Dragon Trail, offers some insights into the evolving landscape of Chinese outbound travel. As has been widely discussed, with the world gradually recovering from the pandemic’s grip, China’s outbound tourism market is witnessing a resurgence, albeit with notable transformations in traveler preferences and behavior. The report, based on a survey of 1,015 mainland Chinese travelers conducted between March 6th and 19th, 2024, sheds light on various aspects of travel planning and preferences. In 2024, the Chinese overseas tourism market is expected to reach around 80 percent of pre-CO

 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 passei

 out23 In the latest investment memo published by  Deutsche Bank , analyst  Carlo Santarelli  notes that Macau gaming operator  Sands China , which has been the market share leader, is facing challenges regarding rivalry in both gaming market share and hotel room inventory. Commenting on Las Vegas Sands,  Santarelli  mentions that  Sands China ’s market share of hotel rooms fell from 45 percent to 40 percent as the Galaxy Entertainment Group launched its 7th and 8th hotel,  Raffles  and  Andaz Macau , at its Cotai Integrated Reports. Additionally, its rival  Studio City  also opened new hotels, including  W Hotel . ‘Given we believed, in 2019, mass gaming revenue was somewhat constrained by hotel room capacity, the addition of hotel rooms would have been expected to grow the mass gaming market. Since 2019, hotel room capacity has grown by 10 percent, with the vast majority of the growth occurring on Cotai. ‘Thus, while hotel room growth should add to mass market GGR, it would seem obvi

 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/