Bangkok Airways to Begin Macau Flights on 4 July 2008

Date April 28, 2008

Airways will begin flights to in July, becoming the third carrier to offer scheduled non-stop service on the fast-growing route between and the former Portuguese colony. The Thai carrier is set to commence daily flights using a new twin engine Airbus A319, which is capable of carrying 120 passengers, on July 4.

The launch would give Airways a share of the lucrative and booming air traffic demand of the city. Two operators have been serving the city: the no-frills carrier Thai AirAsia and the full-service airline Air .

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Macau March 2008 Visitor Arrivals Up a Whopping 25.6%

Date April 26, 2008

visitor arrivals reached 2,713,457 in March 2008, a year-on-year increase of 25.6%. Visitors from Mainland China (1,566,179), Hong Kong (743,250) and Southeast Asia (153,921) grew by 32.4%, 11.5% and 60.4% respectively. Same-day visitors accounted for 53.2% of the total arrivals, at 1,444,785.

The majority of the visitors came from Mainland China and Hong Kong, which accounted for 57.7% and 27.4% of the total respectively. Among the Mainland visitors, 43.3% (678,822) travelled to under the Individual Visit Scheme.

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Macau Has Record 27 Million Visitor Arrivals for 2007

Date April 5, 2008

registered a record high of 26,992,995 visitor arrivals in 2007, up by 23% over 2006; visitors from Mainland China and Hong Kong accounted for 55% and 30% of the total respectively. Mainland visitors travelled to under the Individual Visit Scheme totalled 7,165,203, up by 24%. Visitor arrivals in package tours rose notably by 45% to 4,233,714.

In 2007, the number of residents travelled in package tours dropped by 22% over 2006 to 212,107 and those travelled under individual arrangements using services provided by travel agencies increased by 4% to 386,927.

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Macau 2007 Growth Domestic Product Up By 27.3%

Date March 30, 2008

The world economy remained strong in the first three quarters of 2007, but the momentum tended to slowdown in the fourth quarter; however, the economy of was not much affected due to the support from Mainland China. Driven by the rapid development of the gaming and tourism sector, investment surged substantially and local consumption remained robust; as a result, the economic growth for 2007 was far higher than 2006.

GDP of for 2007 was estimated at US$19.20 billion, up by 27.3% in real terms and the per-capita GDP amounted to US$ 36,357. GDP for the fourth quarter of 2007 recorded an increase of 22.1% in real terms; meanwhile, the rates for the first and second quarters were revised downward from 25.7% and 31.6% to 25.2% and 30.8% respectively, but that for the third quarter was revised upward from 30.9% to 32.2%; for 2006, the rate of growth maintained at 17.0%.

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Colliers International Bullish About Macau Property Market

Date March 28, 2008

Colliers International Macau has just released this interesting and bullish report about the Macau Property Market.

The latest report shows the openings of the Venetian Macau, MGM Grand Macau, Grand Lisboa and Crown Macau last year strengthened the island’s position as a world-class tourist destination.

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Crown Macau Now Busiest Casino in the World!

Date March 25, 2008

Hot on the heels of our precious invitation from Melco PBL to attend the City of Dreams Topping-out Ceremony on 1 April 2008 at 12.10pm, comes the surprising news about James Packer’s Crown Macau enjoying a huge turn-around, making it the busiest casino in the world in terms of betting volume!

City of Dreams Macau
Complex

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Celine hits the Cotai Strip

Date March 23, 2008

It doesnt get any bigger than .  She’s been entertaining Vegas at Caesars for years, and now she has finally hit ’s Strip at the one and only Venetian .  The afterparty was almost as good as the actual event, as you can see from this Destination video.

Interesting Macao article

Date March 23, 2008

I come across these types of articles every so often.  Nothing really new, but still interesting nonetheless.  This one offers a good recap of everything happening here, and also reminds us of how superstitous Asian gambler are:
“It’s more all or nothing with Chinese gamblers,” Green said. “They generally have a pretty determined view that [...]