MGM China anticipates being nearly fully booked out at its Macau integrated resorts, MGM Macau and MGM China, during the upcoming May Golden Week holiday period in the latest indication of the SAR’s accelerating recovery.
The company outlined its local recovery during parent firm MGM Resorts’ 1Q21 earnings call Thursday morning (Asia time), with MGM China President and Chief Operating Officer Hubert Wang revealing May Golden Week is already exceeding Chinese New Year bookings as well as last year’s October Golden Week and the New Year holiday period.
“The May Golden week demand is actually pretty strong,” he said. “We anticipate reaching almost full occupancy, which is similar to what we saw in 2019, for the upcoming Golden Week holiday in early May.
