MACAU, CHINA. Macau’s tourism trade continued its robust restoration in 2023 with customer arrivals reaching 28.2 million, representing 71.6% of the pre-pandemic ranges when town welcomed 39.4 million vacationers.

Knowledge from the Statistics and Census Service reveals that Mainland China stays Macau’s key supply market, accounting for 67.5% of the entire. There have been 19,049,147 Mainland China guests to Macau in 2023, a steep rise of +273.1% in comparison with the earlier 12 months. The variety of guests travelling below the Particular person Go to Scheme stood at 10,634,155, up by +532.3%.

Hong Kong represented 25.5% of the entire variety of guests to Macau final 12 months, reaching 7,195,801 – a rise of +1,301.5%.

Macau noticed the return of worldwide vacationers in 2023, with 1,459,566 arrivals. The variety of worldwide guests surged by +10,589.7%, in opposition to a low base in 2022.

Customer numbers from Mainland China, Hong Kong and worldwide sources in 2023 reached 68.2%, 97.8% and 47.6% of the corresponding ranges in pre-pandemic 2019.

In December, 2,943,930 travellers arrived in Macau, up by +656% year-on-year.

Mainland China was the highest supply of holiday makers in the course of the month, with 1,962,223 arrivals, a rise of +483% year-on-year. Of those, 1,060,216 travelled below the Particular person Go to Scheme, up by +542.1% from the identical interval in 2022.

Macau additionally recorded a pointy enhance within the variety of Hong Kong guests (686,441) and worldwide guests (238,611), hovering by +1,501.6% and +7,223.8% year-on-year, respectively.

Softening spend

Retailer sentiment displays a widespread softening of high-end spend after a really robust begin to 2023. Supply: Authorities of Macao Particular Administrative Area Statistics and Census Service. Click on to enlarge.

Supply: Authorities of Macao Particular Administrative Area Statistics and Census Service. Click on to enlarge.

Vibrant arrivals numbers don’t all the time translate to rising spend ranges, nevertheless.

Macau’s retail gross sales – together with journey retail – skilled fluctuating fortunes in 2023 with high-end retailers and types noting a gentle softening of spend in the course of the 12 months regardless of rising customer numbers. That inverse relationship was pushed by a muted Chinese language economic system and an growing tendency amongst Mainland guests to spend on non-shopping sights.

The worth of retail gross sales in Q3 dipped by -5.9% quarter-on-quarter. Importantly, gross sales values of department shops and leathergoods registered respective decreases of -12.2% and -10.6%, in keeping with Authorities of Macao Particular Administrative Area Statistics and Census Service.

Furthermore, the gross sales quantity index dropped by -6.5% quarter-on-quarter, with the indices of department shops (-12.3%) and leathergoods (-11.4%) displaying a comparatively massive fall.

The This fall and year-end figures can be introduced on 27 February.

The highest three strains specifically supply a information on journey retail efficiency. Supply: Authorities of Macao Particular Administrative Area Statistics and Census Service. Click on to enlarge.

“As in contrast with the third quarter of 2023, about 41.8% of the retailers envisaged sluggish enterprise within the fourth quarter, 41.7% anticipated steady efficiency and 16.5% anticipated a beneficial outlook,” a Authorities of Macao Particular Administrative Area Statistics and Census Service Q3 report mentioned. ✈

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