Country Report

Travel in

Travel in Macau, China

Nov 2020

US$2,100

Add to cart Pay by invoice

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

COVID-19 impact on travel

Macau’s travel market was significantly impacted by the onset of coronavirus (COVID-19) in 2020 leading to a decline in inbound arrivals and either a slowdown or contraction in growth for airlines, lodging and online travel intermediaries. While the performance of travel as a whole is generally lifted by arrivals from China, which is by far the most important source market for the city, the decimation in arrivals from China had a massive impact on Macau in 2020.

COVID-19 country impact

On 26 January, after Macau’s first cases of COVID-19 were confirmed, the government temporarily closed all schools and universities, and imposed border controls with temperature checks. The government also declared the closure of several venues to limit the possible spread of the virus, including several entertainment venues and planned Lunar New Year performances.

Company response to COVID-19: Airlines and hotels

Arrivals by air were impacted by protests in Hong Kong as well as the opening of the Hong Kong – Zhuhai – Macau bridge, which facilitated land travel to Macau in 2020. The industry also faced a further and significant setback as airlines, such as Vietjet (Vietnam Airlines) suspended flights to Macau amid the COVID-19 outbreak.

Impact of COVID-19 on online bookings and travel intermediaries

Busier lifestyles and rising smartphone usage, with consumers increasingly opting for the convenience of booking travel products and services online, are boosting the popularity of online intermediaries. In addition, consumers are becoming more aware that online travel intermediaries can often offer a wider range of choices and better deals than offline players due to their global reach and strong bargaining power with service providers, particularly small hotel chains and independent lodging operators.

What next for travel?

The outlook for travel in Macau is broadly favourable. On the basis that the pandemic will come under control or largely be eradicated, inbound arrivals are projected to spike in 2021 as consumers will release pent up demand but then grow at a slower though steadier rate throughout the remainder of the forecast period.

Files are delivered directly into your account within a few minutes of purchase.

Samples

Travel Report Sample Travel Sample Data

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

Samples: FAQs about samples

Delivery:

Files are delivered directly into your account within a few minutes of purchase, when you pay by credit card. For payments made by invoice, access to reports will be provided upon confirmation of payment.

Overview:

Discover the latest market trends and uncover sources of future market growth for the Travel industry in Macau, China with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you are in the Travel industry in Macau, China, our research will save you time and money while empowering you to make informed, profitable decisions.

When you purchase this report, you also get the data and the content from these category reports in Macau, China for free:

The Travel in Macau, China market research report includes:

Analysis of trends
Detailed segmentation
Historic volumes and values, company and brand market shares
Forecasts
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Travel in Macau, China?
What are the major brands in Macau, China?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Travel market research database.

Each report is delivered with the following components:
Report: PDF
Market statistics: Excel workbook

Want to find out more about this report?

Request more information