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Wednesday, October 10, 2007

MACAO - threatens Hong Kong for popularity

China Daily, 2007-10-01

Macao is expected to catch up with Hong Kong in the near future in terms of mainland tourist traffic, an expert said.
The estimation is based on the increasing trend of Macao's growing shares in the mainland tourist market and Macao's enriching tourism facilities.
The number of mainland tourists bound for Macao has been rising since 1999, causing annual growth of over 30 percent between 1999 and 2004, said Dai Bin, a professor at Beijing International Studies University, in a recent interview.
Although the growth rate has slowed a little in the past two years, it still beat the comparative rate for Hong Kong last year, when Macao registered 14.6 percent growth compared to Hong Kong's 8.4 percent.


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