Excellent update for Macau... even though much of that traffic was likely day visitation by non players and it was also likely hard to find a slot let alone table without a line to play, it explains why GGR picked up last week according to "channel checks."
That is all consistent with LVS' confident update on macau prospects Thursday.
Number of mainland travellers to Macau went up 23.6 pct y-o-y in March due to the ripple effect of the new mainland tourism law implemented last year
Last month, Macau saw its fastest growth in the number of mainland Chinese tourists in 28 months, as more mainlanders opted to visit now having delayed travel plans since the implementation of the new tourism law, suggests an industry figure.
The Statistics and Census Service announced yesterday that the number of visitors last month shot up by 10 percent from the previous year to 2.63 million.
The number of visitors from the city’s largest tourist source, mainland China, surged even faster at a rate of 23.6 percent to nearly 1.77 million, accounting for 67.4 percent of the total number of March travellers.
The 23.6-percent jump is the fastest growth in the mainland market since November 2011, when the territory saw a 33.2-percent surge in the number of mainland tourists.
Travel Industry Council of Macau president Andy Wu Keng Kuong reasons: “March is usually a quiet season for the tourism industry but there was an exception this year, as fewer mainlanders went travelling in the past few months following the implementation of the tourism law last year.
27% increase is great, but last year the free tours (that are now banned) to Macau was still going. The free incentive trips from low, sometimes trash mainlanders that brought their food and just gawked around while having to go to sponsored shops as part of the free deal.
Well these guys made up 5-10% of all day trippers, so you could say that the number would be in low 30 something percent increase of quality tourists that spend money......Great increase regardless though....you guys put some quality posts together.....Good Luck!