Research and Markets: Travel & Tourism In Macau: A Market Analysis - Macau Receiving a Growing Number of Mainland Visitors.Business Editors DUBLIN, Ireland--(BUSINESS WIRE)--May 20, 2004 Research and Markets (http://www.researchandmarkets.com) has announced the addition of Travel & Tourism In Macau Macau is famous for the blend of Portuguese and Chinese cultures and its gambling industry, which includes Casino Lisboa, Macau, Sands Macau, The Venetian Macao, and Wynn Macau. : A Market Analysis to their offering. This report on Travel and Tourism in Macau covers the existing basic level of services for hotels, airlines, airports, car hire and other tourist services as well as profiling those companies with a current presence in the market including Air Macau Air Macau (Chinese:澳門航空), is an airline based in Macau. It is the sole carrier of Macau operating services to 12 destinations on mainland China, as well as regional international services. , Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. Ferries, Shun Tak and Happy Rent-A-Car Mokes. The key facts of the report are as follows: -Traditionally, Macau has been largely a day-trip and short break destination for Hong Kong residents. With the liberalising of travel regulations in China Macau started to receive a growing number of Mainland visitors. -Additionally, Macau has begun to develop tourist facilities on Taipa and Coloane as well as promoting sporting events such as the annual Grand Prix and horse racing. With the handover n. 1. The act of relinquishing property or authority etc. to another; as, the handover of occupied territory to the original posssessors; the handover of power from the military back to the civilian authorities s>. to China in December 1999 the country now becomes a mixture of gambling, relaxation and heritage reflecting both Chinese and European traditions. -Presently Macau has 120 travel agencies, over 100 hotels and inns with in excess of 8,000 rooms. It also has over 200 entertainment and recreational facilities, including bars, dance halls and nightclubs. -Between 1995 and 1999 total tourism receipts declined by 3.4% reflecting the fact that the Macau tourist industry has yet to return to its pre-Asian crisis strength. -However, the 5% growth in 1999 over 1998 was an indication that the situation may be improving. A similar resumption in arrivals has been noted in Hong Kong too. In 2000 the tourist industry showed definite signs of recovery as the Hong Kong economy began to pick up. -Additionally, tourist arrivals from Mainland China continued to rise. There was also a late surge in visitor arrivals in December 1999 for the handover ceremony to China. The following companies are covered: Air Macau China Travel International Investments HK HK Ferry Holdings HK & Yaumati Ferry HYFCO Travel Agency Shun Tak Holdings Shun Tak Holdings Limited (HKSE: 0242 ) is a public company active in shipping, property, investments and hospitality businesses. It has been one of the constituents of the Hang Seng Hong Kong MidCap Index since 11 September 2006. The company was incorporated in 1972. STDM (Statistical TDM) Fully utilizing the capacity of a time division multiplexing (TDM) channel. Traditional TDM interleaves data into slots, and the slot is wasted if there is no data to send at that moment. Statistical TDM fills all available slots. Avis Rent-A-Car Macau China Travel Service Holdings East Asia Airlines East Asia Airlines is a helicopter service operator based in Macau. Formerly known as Helicopters Hong Kong Limited, it operates helicopter routes between Macau, Hong Kong and Shenzhen. Guangdong Hotels Happy Rent-A-Car Mokes Holiday Inn Hyatt Hotels & Resorts Mandarin Oriental Starwood Turbojet turbojet: see turbine. turbojet Jet engine in which a turbine-driven compressor draws in and compresses air, forcing it into a combustion chamber into which fuel is injected. Shun Tak China Travel Ship Management Hotel China Macau For more information visit http://www.researchandmarkets.com/reports/c2123 |
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