The average nightly rate for a five-star hotel room in Macau rose to MOP1,540.2 (US$190.9) in March, marking a 4.2 percent increase year-on-year, even as occupancy rates dipped slightly.
The rate boost reversed 14 consecutive months of year-on-year decline. Full-year 2025 rates had dropped 5.0 percent from 2024’s, and the down trend had continued into this year, even during the busy period of Chinese New Year, in February.
This March’s figures are from the latest monthly survey from the Macau Hotel Association, published by the Macao Government Tourism Office.
March average occupancy rate for five-star hotels reached 93.8 percent, down 0.6 percentage points year-on-year.
The survey collected data from 48 association-member hotels, 27 of which are five-star properties. Most are within casino resort complexes. The remaining members fall into the four-star or three-star category, some also in casino resorts.
The latest data took the average nightly rate for five-star rooms in the first three months of this year to MOP1,540.9, down 0.5 percent year-on-year, with occupancy averaging 95.4 percent, up 0.5 percentage points.
Nonetheless, the average nightly rate for the five-star hotel rooms surveyed in the January to March period was still 5.9 percent lower than the same period in 2019, where it stood at MOP1,638.0, according to the association’s data.
Across all hotel categories covered in the 2026 data, the average room rate across January to March declined 0.5 percent year-on-year to MOP1,378.4.
Five-star hotels dominate Macau’s hotel market. As of February – the most recent figures available – the city offered 26,300 five-star rooms, nearly 58 percent of the total 45,400 guest rooms across all categories, according to the Statistics and Census Service. The number of five-star rooms rose 5.6 percent compared with February 2025.
