Category: hotel macau

Macaus Rock Hotel Rocks

In a destination increasingly famous for large ultra-modern casino hotels, the opening of the Rocks Hotel in Macau’s Fisherman’s Wharf has added a touch of old-style class reminiscent of Europe over 100 years ago.

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The 72 rooms and suites offer sea views (from your antique bathtub), a 32-inch LCD screen and free in-room broadband internet service. The spiral marble staircase and the three crystal chandeliers in the atrium define the character of the Victorian-influenced property which even offers an English style pub. For the more health conscious there is a full gym and a business centre for those that need to work.

“It’s like travelling back to the Victorian era, but with modern amenities,” said hotel manager Mr Joseph Chan. “There is no other place like the Rocks Hotel in Macau.”

Outside, Macau Fisherman’s Wharf is the first themed entertainment complex in Macau, occupying an area of over 111,500 square metres. It offers entertainment, retail, food, hotel, marina, convention and exhibition facilities in one place.

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Venetian Macao Opening A Massive Step For Macau

This month’s opening of hotel-casino in the Chinese gambling enclave is the culmination of three quarters of a century of Las Vegas history built “in one fell swoop,” according to the president of the company behind the transformation.

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In a conference call with reporters Thursday, William Weidner, president of Las Vegas Sands Corp., said the 3,000-suite casino complex set to open Aug. 28 would help change a gambling den for day-trippers into an elegant resort destination.

“Vegas was really kind of a dusty railway stop from the ’30s into the ’40s,” he said. “It’s like truncating the 76 years of development of Las Vegas into one place under one roof.”

The $2.4 billion (EUR1.8 billion) property is the second for Las Vegas Sands in Macau, after it opened the Sands Macao there in May 2004.

But it is the first of several hotel-casinos the company is developing with partners on what it calls the , an area of reclaimed land in Macau meant to mimic the heart of the Las Vegas Strip at the footstep of populous Guangdong Province.

The company says will have fine restaurants, dazzling shows, luxury shops and 1.2 million square feet (110,000 square meters) of convention space, nearly twice that in all of Hong Kong.

The Sands also is set to open the 400-room Four Seasons next door by the end of the first quarter, followed by hotels under the Sheraton, Shangri-La, St. Regis and Traders brands later next year, Weidner said. Likely in 2009, the company also plans to open hotels under the Hilton, Conrad, Raffles and Fairmont brands.

In all, the company plans to invest up to $12 billion (EUR9 billion) and build 20,000 hotel rooms. All of the properties are being constructed and owned by Las Vegas Sands, with the hotels run under management contracts by the brands.

“The Venetian represents that first massive step in changing Macau from primarily a day-trip market focused on Hong Kong and Guangdong Province to a full-fledged international, multi-day, multifaceted destination resort,” Weidner said.

Other operators also are plowing billions of dollars into casinos in what used to be a seedy den for hard-core gamblers, but which has overtaken the Las Vegas Strip as the world’s most lucrative casino hub. Wynn Resorts Ltd. opened the $1.1 billion (EUR820 million) Wynn Macau last September and MGM Mirage Inc. is set to open its $1.1 billion (EUR820 million) joint venture, the MGM Grand Macau, later this year.

Some analysts have taken a wait-and-see attitude on whether the Las Vegas model of entertainment, dining, shopping and hotels will work in Macau, which had been dominated by gamblers who go for a single purpose and leave the same day.

Weidner said rooms for the first two days of the resort’s opening are expected to be booked to capacity. He said 44 major conventions are scheduled to take place there for the next two years, with convention business expected to fill about one-third of its rooms.

Another third or more of the rooms are expected to be filled by vacationers and about a fifth or more by high-rolling gamblers, who have accounted for much of the Sands’ profit in Macau to date.

“It’s exactly the same business plan that we executed in Las Vegas, repeated in Macau,” Weidner said.

Some observers have said the opening of the massive resort, the largest in Asia, will temporarily draw visitors away from other casinos. Weidner said the company even expected its property to be affected, but it hoped to offset that by opening 380 new suites there in September.

Weidner said the casino boom in Macau will not likely hurt revenues in Las Vegas, where it plans to open the $2.6 billion (EUR1.9 billion) Palazzo resort in December. The company relies on Asians for most of its high-roller business, but growth in Macau is unlikely to sate their appetite for visiting the U.S., he said.

“It’ll never match the critical mass in Las Vegas,” he said. “You’ll have certainly a much better product there in Macau and we’ll do extraordinarily well, but I don’t think it’ll affect Las Vegas at all. It won’t even hiccup.”

Macau Hotel Occupancy Rate For January 2008 Grows By 309

At the end of January 2008, the total number of guest rooms available in the increased by 3,204 (+24.8%) from a year earlier to 16,126 rooms.

In January 2008, a total of 562,547 guests checked into hotels and similar establishments, representing a year-on-year growth of 30.9%. The majority of the guests came from Mainland China (47.4%) and Hong Kong (21.6%). The average hotel occupancy rate went up by 1.0 percentage point to 72.7%, with 4-star hotels leading at 78.1%; in addition, the average length of stay of hotel guests extended by 0.2 night to 1.4 nights.

In January 2008, visitor-guests staying in hotels accounted for 47.0% of the total number of tourists, up from 41.4% in January 2007.

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Another 36000 Hotel Guestrooms Coming To Macau

Currently in there a total of 23 projects under construction and another 23 waiting for approval around the city. Statistical data indicates that the 23 hotels under construction are expected to provide about 24,000 guestrooms. Of these there are seven medium-sized hotel projects with the number of rooms ranging from 100 to 600, six large hotel projects with rooms ranging from 600 to 2000, and one super project with approximately 10,000 guestrooms. Most of the large hotel projects such as the focus on the area.

For the 23 projects waiting for approval, not including eight for which there is no detailed data, the remaining projects will provide a total of about 14,000 guestrooms which includes 12 hotel projects with 300 to 600 guestrooms, and two grand hotels with 3,000 to 4,000 rooms.

According to local media, the hotel occupancy rate in is averaging about 80% at present. Many domestic and overseas investors are selecting because they are optimistic about the prospects for the gambling tourism market.

Macau Hotel Occupancy Rate Soars To 830

Considering the fact the Venetian Hotel rooms were fully booked during the Chinese Lunar New Year during which the average daily room rate was US$360 compared to the US$222 average for last year, it was no surprise to hear Bill Weidner, president and chief operating officer of Las Vegas Sands boasting “So much for the conventional wisdom that Asians will not pay top dollar for rooms under demand conditions,” .

This was followed by the news that at the end of December 2007, the total number of guest rooms available in the hotel sector increased by 3,170 (+24.4%) from a year ago to 16,148 rooms.

In December 2007, a total of 528,533 guests checked into hotels and similar establishments, representing a year-on-year growth of 9.7%. The average hotel occupancy rate soared by 5.0 percentage points to 83.0%, with 4-star hotels leading at 89.3%; in addition, the average length of stay of hotel guests extended by 0.23 night to 1.4 nights. The majority of the guests came from Mainland China (48.0%) and Hong Kong (26.7%).

Total number of hotel guests reached 5,739,734 in 2007, up by 22.6% over 2006. The average hotel occupancy rate for the whole year of 2007 increased by 5.0 percentage points over 2006 to 77.2% and the average length of stay of the guests rose by 0.15 night over 2006 to 1.36 nights.

In 2007, hotel guests (excluding residents) accounted for 42.0% of the total number of tourists, up slightly from 41.5% in 2006.

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Latest Macau Construction Pictures

Thanks go out to my friends George and Hunter at for allowing me to post some of the latest March 2007 pictures! Looking at those pictures, it seems that they all have still a long way to go! Are we going to half completed buildings opening, so that they can at least starting to rake the casino cash, well I hate to say it but it is starting to look like it!

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Strip

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Galaxy MegaResort

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Grand Lisboa

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Four Seasons Site

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MGM Grand

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MGM Grand Podium

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Venetian Entrance

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Venetian

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Venetian Back

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