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June 19, 2021

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China tourists to Macau increase in July

China tourists to Macau increase in July
The Macao visitor arrival metric measures the number of people both locally and from abroad who visit the Macao region in a given month. It helps gain knowledge about the demand for the region’s tourism and other services. It also allows to know the reg
Macau | 09/14/2016

The Macao visitor arrival metric measures the number of people both locally and from abroad who visit the Macao region in a given month. It helps gain knowledge about the demand for the region’s tourism and other services. It also allows to know the regions that contribute most to Macao’s tourism and further gauge the incomes and expenditures of the region.

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ccording to the Statistics and Census Service of the Macao Government, in July 2016 (the latest available data), visitor arrivals improved 6% YoY (year-over-year) and rose 19% MoM (month-over-month) to 2.8 million visitors. This makes the second consecutive month of improvement in visitor arrival. In June 2016, visitor arrival improved by 5% YoY.

Tourists from mainland China make up the highest contribution because Macao has been a hub for VIP gamers. But despite drastic declines, tourists from China still made up 67% of Macao’s July visitors

For July 2016, visitors from China increased by 4.7% YoY to 1.8 million. Visitors from Korea increased by a strong 40% to nearly 52,000. Visitors from Hong Kong and Taiwan also increased by 5.5% and 10.5% to 6 million and 1 million, respectively. Visitors from the United Kingdom and Australia also increased, while the United States and Canada dropped that month.

For the first seven months of 2016, visitor arrival increased by 0.9% YoY to 17.6 million. The average length of stay also increased by 0.2 days YoY.

Improving visitor statistics bode well for major casino operators like Wynn Resorts (WYNN), Melco Crown Entertainment (MPEL), Las Vegas Sands (LVS), and MGM Resorts (MGM). Investors seeking diversified exposure to casino companies may be interested in ETFs that invest in casino stocks, including the VanEck Vectors Gaming ETF (BJK) and the Consumer Discretionary Select Sector SPDR ETF (XLY).

 

 

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