Low-spending tourists hurt Macau retailers
Macau retailers are suffering as fewer tourists visit the city – and they are spending less.
Shopping accounts for 43.4 per cent of total visitor spending, with local food products being the main focus. For the second quarter this year, visitor expenditure dropped by 4.5 per cent year-on-year to MOP11.7 billion (US$1.47 billion). However, that is a 1.4 per cent edge upward from the previous quarter.
Total spending by overnight visitors during the latest quarter hit MOP9.29 billion, a 3 per cent fall but a 4.9 per cent quarter-to-quarter rise. Total spending by same-day visitors fell 10.3 per cent quarter-to-quarter and 10 per cent year-on-year.
Average per-capita spending by visitors also dropped by 4 per cent during the quarter, hitting MOP1601. Meanwhile, average per-capita spending by overnight visitors fell 9.8 per cent to MOP2543. Same-day visitor per-capita spending dropped by 2.8 per cent to MOP658.
Official data shows that mainland Chinese tourists spent the most in the city, with the total reaching MOP8.88 billion, a drop of 7.3 per cent, while their average per-capita spending declined 4.5 per cent to MOP1850.
Visitors from Guangdong province, the main source of tourists, spent MOP1604 less each on average, a drop of 3.2 per cent. Spending by visitors from Fujian province, the next largest source of mainland tourists, fell 31.1 per cent for an average of MOP1561.
Travellers under the individual visit scheme from China also spent less, with an average spend of MOP2244. Long-haul visitors did spend more, particularly those from Taiwan with a 12.7 per cent increase, and Japan, with a 12.1 per cent increase, amounting to an average of MOP1548 and MOP1731 respectively.
Australian visitors spent 5.1 per cent less for an average of MOP1445.