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<Research>UBS: MO Visitor Arrivals Hike 5% YoY on First 3 Days of May Day Golden Wk
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Macau recorded solid visitor arrivals in the first three days of the May Day Golden Week holiday (1-3 May), with a daily average of about 211,000 visitor arrivals, up 5% YoY and 20% higher than the same period in 2019, UBS released a research report saying. Total visitor arrivals reached about 248,000 on the second day of Golden Week (2 May), logging an all-time new high. The broker believed that this reflects strong tourism demand momentum, as Macau may benefit from Chinese travelers' shift from long-haul trips to short-haul travel amid the Middle East conflict. Auto-translated by AI AASTOCKS Financial News |
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