Visitor arrivals in Macau soared 16.3 percent year-on-year to 3.53 million in July 2019, after a 18.9 percent advance in the previous month. Same-day visitors jumped 29.9 percent and overnight visitors grew 4.7 percent. Visitors from China rose 18.5 percent, with those traveling under the Individual Visit Scheme increasing 10.9 percent. Also, visitors grew from Hong Kong (16.3 percent), the UK (10.33 percent), and the US (8.36 percent), but declined from South Korea (-6.9 percent), and Taiwan (-5.1 percent). Considering the first seven months 2019, visitor arrivals soared 20 percent year-on-year to 23.81 million. Tourist Arrivals in Macau averaged 1923883.02 from 1999 until 2019, reaching an all time high of 3569825 in December of 2018 and a record low of 532588 in September of 1999.
Tourist Arrivals in Macau is expected to be 2782600.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Tourist Arrivals in Macau to stand at 3540700.00 in 12 months time. In the long-term, the Macau Tourist Arrivals is projected to trend around 3354700.00 in 2020, according to our econometric models.