quarterly macau update
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...