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Macau Visitor Arrivals Up Nine Percent in 2018 First Quarter
Macau visitor arrivals totaled more than 8.5 million in the first quarter of 2018, an 8.6 percent increase on the same three-month period in 2017.
Mainland residents that are chinese flocking to Macau.
March ended up being an exceptionally strong period, as tourism traffic jumped more than nine % due towards the month having an extra Saturday in 2018 set alongside the year that is previous. Visitor arrivals totaled 2.7 million, which is obviously an 11 % fall from February due to that month hosting the all-important Golden Week holiday.
Visitation from Mainland China was up almost 10 percent final month, and 13.4 percent into the quarter that is first.
The Macau Statistics and Census provider report is welcomed news to casino operators that continue to look to increase mass market visitation to the gaming enclave.
Gross video gaming income (GGR) has followed the visitation trend. Income from games of fortune are up 20.5 percent through March. China's gaming enclave has now posted 21 consecutive months of positive gains.
Mass Appeal
After 36 months of annual GGR declines between 2014 and 2016 due to Chinese President Xi Jinping's anti-corruption campaign being extended to VIP junkets, casino operators started rethinking their focus to a lot more of the population that is general.
Although the VIP has reigned supreme for years and it is in charge of transforming Macau from the sleepy hallow into the planet's gaming hub that is richest, gambling enterprises no further want to entirely depend on the high roller to help keep profits robust.