Tourist spending more in Macau - Wednesday 30th of April 2008

Tourists are spending more when travelling to Macau, with figures from the Statistics and Census Services showing an increase of 15.08 percent to 145.79 in the Tourist Price Index (TPI) in the first quarter of this year, compared to last year.

The price indices of miscellaneous goods, restaurant services and accommodation registered significant increase of 33.75 percent, 19.52 percent and 13.34 percent, respectively, with increments attributable to dearer jewellery prices driven by rising gold prices, as well as higher charges of restaurant services and hotel room rates during the Lunar New Year holidays.

Compared with the fourth quarter of last year, TPI rose by 6.92 percent in the first quarter of this year, with notable increase of 16.97 percent in the indices of miscellaneous goods, and 6.71 percent in restaurant services.

Meanwhile, the price index of entertainment and culture increased by 3.32 percent owing to rising prices of fireworks and firecrackers during the Lunar New Year holidays. The average TPI for the last four quarters ending in the first quarter of this year increased by 10.86 percent over the previous period.

TPI reflects the price changes of goods and services purchased by visitors, which is compiled based on the consumption pattern of visitors derived from the Visitor Expenditure Survey. TPI covers eight sections of goods and services, namely food, alcoholic drinks and tobacco; clothing and footwear; accommodation; restaurant service; transport and communications; medicine and personal goods; entertainment and culture; and miscellaneous goods.

The base year of TPI is from July 1999 to June 2000.

Other news from around the same time

Three sisters locked in courtroom battle over £50,000 bingo pay out - Wednesday 30th of April 2008

It began as a pleasant trip out for a game of bingo but ended in an acrimonious feud played out in t....


Gambling monopoly days may be numbered - Wednesday 30th of April 2008

In the wake of an EU Commission lawsuit against Denmark, the government, with the help of the New Al....


Carpet firm greets US tribe in £500k casino deal - Tuesday 29th of April 2008

Ulster Carpets this week rolled out the carpet for a tribe of native Americans.The tribe members wer....


Caesar statue to be removed from southern Indiana casino - Tuesday 29th of April 2008

A 12-foot statue of Julius Caesar is being removed from outside the Caesars Indiana casino along the....


Gold rush on at Atlantic City Hilton - Tuesday 29th of April 2008

For years, Atlantic Citys pawn shops - euphemistically known as "cash for gold" stores - have served....


If casinos are here to stay, move them inland - Tuesday 29th of April 2008

Could the rising tide of the Mississippi River force a reexamination of some old rules?In the wee ho....


Aging process quickly hits homes in Las Vegas - Tuesday 29th of April 2008

They blow up aging casinos in this town. Now, some are wondering what to do about yesterdays desert ....


Parliament considers gambling ads - Tuesday 29th of April 2008

Parliament has “parked” the National Gambling Amendment Bill to thrash out the question of adver....


Smoking ban accord exempts casino floors - Tuesday 29th of April 2008

People in Iowa bars would be prohibited from smoking but gamblers on casino floors could keep puffin....


Tote sale halts gambling crackdown - Friday 25th of April 2008

The Government is likely to abandon a clampdown on problem gambling in a desperate attempt to find b....