New COVID Measures Put Off Macau Visitors

The mainland’s tourist demand during the National Day holiday is expected to ratchet up a notch, but Macau may not benefit.

Kate Lin, CAIA 04.10.2021
Facebook Twitter LinkedIn



This weekend is the National Holiday weekend in Hong Kong. Based on tourism number forecasts, Morningstar analysts expect travel demand to rise by around 2% compared to 2020; however, this number is still only 80% of 2019 levels. Morningstar data show that Chinese trip-booking platform saw its domestic business regain a strong foothold in July, but the recovery has been significantly slowed through September. Imported COVID cases, including those that carry the Delta variant, have caused concerns for visitors planning cross-province trips. 

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Member.

Register For Free
Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Galaxy Entertainment Group Ltd39.85 HKD-2.69Rating
Melco Resorts and Entertainment Ltd ADR11.12 USD1.37Rating
MGM China Holdings Ltd5.54 HKD-0.18Rating
Sands China Ltd16.70 HKD1.58Rating
SJM Holdings Ltd5.49 HKD0.18Rating
Wynn Macau Ltd6.70 HKD-0.15Rating

About Author

Kate Lin, CAIA

Kate Lin, CAIA  is a Data Journalist for Morningstar Asia, and is based in Hong Kong

© Copyright 2021 Morningstar Asia Ltd. All rights reserved.

Terms of Use        Privacy Policy