Financial News
Written by: Ma Jianzhang
2019-11-19 21:07
Last updated date: 2019-11-19 21:07According to statistics from the Statistics and Census Bureau of Macao, total passenger spending (excluding gaming) in the third quarter of 2019 was 15.2 billion yuan (MOP, the same below), down 17.2% year-on-year; overnight visitors (12.19 billion yuan) and overnight visitors The total consumption of (3.01 billion yuan) was reduced by 20% and 3.2% respectively.
In the first three quarters of this year, total passenger spending totaled 47.83 billion yuan, a decrease of 6.7% over the same period of 2018. The number of overnight visitors (37.39 billion yuan) decreased by 9.4%. For overnight visitors, the total consumption was driven by a significant increase of 30.6%. 10.45 billion yuan) recorded a 4.6% increase.
The per-capita spending of passengers was 1,532 yuan, a decrease of 24.9% year-on-year, which was the fourth consecutive quarter of decline. Except for the per capita consumption of Korean tourists (2,037 yuan), which rose by 17.5%, the rest of the countries/regions fell. Per-capita spending by mainland tourists ($1,691) fell by 26.7%, with individual travellers falling by 13.8% to $2,172. Per capita consumption of Singapore (1,842 yuan), Japan (1,805 yuan), Hong Kong (969 yuan) and Taiwanese tourists (1,339 yuan) decreased by 17.4%, 6.6%, 16.2% and 21.7% respectively.
In terms of consumption categories, passenger spending is mainly used for shopping (45.2%), accommodation (26.9%) and catering (20.5%).
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