macau
Andaz Macau Opens Doors as Largest Property within Andaz Brand Portfolio
andaz | September 18, 2023
CHICAGO (September 18, 2023) ––Hyatt Hotels Corporation (NYSE:H) announced today the opening of Andaz Macau in collaboration with Galaxy Macau™, the city’s prestigious luxury shopping, dining, entertainment and resort complex. The latest opening is the Andaz brand’s first and only hotel in Macau and its largest property globally. Inspired by the vibrant local art, culture, and architecture, the hotel features more than 700 uniquely appointed guest rooms and suites, immersing guests in the "real Macau." The hotel features a stunning collection of artworks and artifacts that tells the story of the city's soul through art, celebratin...
The HVS Quarterly Macau Update
Christy Tung | April 30, 2018
By Christy Tung and Daniel J. Voellm With the introduction of various family-oriented resorts in the Cotai Strip, more diversified tourist base is embracing Macau as a destination, as compared to the casino crowd in the downtown area of old. The wide range of activities offered in these resorts, from gaming to non-gaming, have led tourists to visit Macau. The newly-opened resorts induced demand, notably tourists from mainland China, South Korea, and Japan, which greatly improved hotel performance in both occupancy and average rate (ADR). Macau Visitor Arrivals The results of diversifying Macau tourism from solely a gaming hub to a famil...
The HVS Quarterly Macau Update
Christy Tung | December 4, 2017
By Christy Tung and Daniel J Voellm The past two years have been a difficult period for Macau since the Chinese President Xi Jingping announced a campaign to crackdown corruption and government official's lavish spending, triggering significant slumps in visitor arrivals and revenue growth in the tourism and gaming sectors in Macau. After two years as of 2017, Macau's resilience has been demonstrated through the growing visitor arrivals, hotel performance, and casino revenue, even after the detrimental Typhoon Hato. Macau On 23 August 2017, the Category-10 Typhoon Hato struck Macau to become the worst natural disaster the city had encou...
