?In a recent plenary session of the Legislative Assembly, Macau’s Chief Executive, Ho Iat Seng, conveyed his optimistic projection that?Macau?would see a substantial influx of visitors, surpassing the 30 million mark for the current year. He detailed two scenarios based on average daily passenger numbers, forecasting a potential visitor count of nearly 36 million if figures remain above 100,000 per day, and between 33 to 34 million if they drop to around 80,000.?

Last year, Macau welcomed over 28 million visitors, marking a significant figure despite challenges. Comparatively, in 2019, the region experienced a peak of 39.4 million visitor arrivals, underscoring its allure as a premier tourist destination. 

Concerns over potential tourism policy shifts?

During the discussions in the Legislative Assembly, concerns arose regarding potential shifts in China’s individual visit scheme (IVS), which could profoundly impact Macau’s tourism landscape. Lawmakers voiced apprehensions about the expansion of cities eligible for IVS, foreseeing a potential surge in visitor arrivals to Macau. 

In response to these concerns, Chief Executive Ho referenced statements by Xia Baolong, director of the Hong Kong and Macau Affairs Office of the State Council, assuring that new measures would be progressively implemented. He urged stakeholders to maintain confidence in the face of potential changes. 

Government initiatives and collaboration to boost tourism?

Highlighting the unwavering support from the central government, Ho emphasized ongoing efforts to bolster Macau’s tourism sector. He cited forthcoming measures and collaborations aimed at enhancing visitor experiences and sustaining tourism growth. 

One such initiative is the proposed multi-entry visa between Macau and Hengqin for tour groups. Ho expressed confidence in the scheme’s potential to attract more tour groups, fostering deeper integration between the two regions and amplifying Macau’s appeal as a premier tourist destination. 

New GGR record in March?

Last month, Macau?recorded?a resurgence in its gross gaming revenue (GGR), amounting to MOP19.50 billion (€2.24 billion), marking a remarkable 49-month high.?

Upcoming SiGMA event: BIS SiGMA Americas 2024, find all the details?here.

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