24 Asian airlines<\/a> canceled flights to and from Macau because of the pandemic. Flights between China and the US were canceled, too.<\/p>\nMany Tourists Undergo 14-Day Quarantine<\/h2>\n
Travelers from Hong Kong and from some other locations to Macau must quarantine for two weeks. Four Macau hotels are being used for quarantines.<\/p>\n
The four hotels include: the Sheraton Grand Macao, Pousada Marina Infante Hotel, Golden Crown China Hotel, and Jai Alai Hotel.<\/p>\n
The list of hotels approved for quarantines could be trimmed. Officials may keep some hotels as backups in case coronavirus cases increase.<\/p>\n
Currently, there are 45 confirmed cases of coronavirus in Macau, Inside Asian Gaming<\/em> said. As of last month, Macau saw 10 confirmed cases of coronavirus. In March, the patients recovered from the illness, and were discharged from hospitals.<\/p>\nMacau Gaming Revenue Predicted to Fall, Then Recover<\/h2>\n
Nomura Group analyst Harry Curtis recently projected Macau gross gaming revenue (GGR) will decline 80 percent in the second quarter of this year. During the third quarter, GGR is projected to go lower by 65 percent.<\/p>\n
In the fourth quarter, GGR may improve. There is pent-up demand among likely players, but there is a concern about a second wave of reinfection, Curtis was quoted by the South China Morning Post.<\/em><\/p>\n\n
Looking ahead to 2021, Curtis said, “We believe that GGR can recover to $22.6 [billion]\u2026, or roughly 62 percent of the 2019 level if the reinfection rate is low.\u201d<\/p>\n<\/div>\n
\u201cAn effective vaccine would likely be needed to exceed our 62 percent (of 2019 GGR) estimate,” Curtis added in the news report. For 2022, Curtis said, \u201cWe estimate that GGR recovers to roughly 90 percent of 2019 highs.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Fewer than a thousand visitors arrived at Macau over the first three days of the Easter holiday. The amount is significantly lower than last year’s holiday totals, as several hotels in the gaming enclave are still used for quarantined travelers. Some 260 people entered Macau on Friday, 280 on Saturday, and 270 on Sunday, according […]<\/p>\n","protected":false},"author":44,"featured_media":132994,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069],"tags":[],"acf":[],"yoast_head":"\n
Macau Sees Rock Bottom Visitors over Easter, Hotels House Quarantined<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n