Macao Considers Building More Hotels

Home>>Business

Last updated at: (Beijing Time) Saturday, August 23, 2003

Macao Considers Building More Hotels

DISCUSSION

CHINESE

SEND TO FRIEND

The Macao Special Administrative Region (SAR) government will consider accelerating administrative examination and approval of applications for hotel construction to respond to a growing market demand, said a senior SAR government official Friday.

Ao Man Long, secretary for transportation and public works, disclosed that Macao needs to build more hotel rooms in order to accommodate a large tourist inflow brought by a facilitated individual travel (FIT) policy, which has been piloted by seven cities in south China's Guangdong Province since the end of July.

Despite the rosy market prospect, the SAR government will take consideration of a long-term urban planning and tourist development potential in handing down its approvals on hotel building, said Ao.

Tourist industry insiders estimated that as the FIT policy will be applied in Beijing and Shanghai as of Sept. 1, Macao will need some 10,000 more hotel rooms to meet the demand.

Macao currently has some 9,000-hotel rooms. The average hotel room occupancy rate in Macao is estimated to soar up to 85 percent in August, compared with 76.4 percent in the corresponding period of last year.

Questions?Comments? Click here

Macao's Exports Pick up in First Half Year

Macao Wins Host City Contract of 2nd Asian Indoor Games

Macao to Issue Macao Grand Prix Commemorative Coins

US Conducts Land-based Missile Test ( 2 Messages)

Chinese Personages Appeal to Japan to Face up to History ( 2 Messages)

Disgraced Official Highlights Chinks in System ( 3 Messages)

Beijing's Economy Forecast to Grow 9-10 Percent in 2003 ( 2 Messages)

China Puts New Anti-AIDS Drug in Clinical Use ( 2 Messages)