Morgan Stanley Asia predicts that this year’s Labor Day holiday season will generate daily gross gaming revenue of between MOP 800 million (USD 99.1 million) and MOP 850 million.
This would be 73 to 77 percent of the 2019 level and 5 to 10 percent below this year’s Chinese New Year between February 10 and 17.
Morgan Stanley’s study of 28 Macau hotels revealed that the average daily room rate was tracking at about 80 percent of the level recorded for the 2019 Labor Day holiday period.
