As the Labor Day Golden Week approaches, outbound travel demand from Mainland China visitors for the holiday period is likely to keep rising, said Cheung Kin Chung, President of the Macau Hoteliers & Innkeepers Association, as quoted by Macao Daily News. He also expressed confidence in visitor arrivals to Macau.Regarding the international oil surges, Cheung admitted that they have, to some extent, affected the operating costs of the hotel industry. In response, the industry intends to offset part of the additional costs through internal efficiency enhancement, ensuring better value-for-money experiences for visitors.Related News Macquarie Recommends Overweight on Hong Kong and Mainland Catering Supply Chain Stocks; Weaker Momentum in Discretionary Sector
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