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Results of the Hotels and Similar Establishments Survey 2007

Statistics and Census Service
2008-10-29 14:53
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Information from the Statistics and Census Service indicated that a total of 82 hotels and similar establishments were in operation in 2007, including 52 hotels and 30 guest-houses. In view of opening of 3 large-scale hotels in 2007, the number of guest rooms increased by 25.1% from 12,915 in 2006 to 16,152 in 2007.

At the end of 2007, the hotel sector had 23,377 persons engaged, up significantly by 65.1% compared with 2006. Among them, 23,247 (99.3% of the total) were working in hotels, and guest-houses had just 130 workers.

Gross Fixed Capital Formation of the hotel sector, spurred by the openings of new hotels, amounted to MOP 14.23 billion in 2007, up notably by 48.2% over 2006. Total Receipts of the sector surged remarkably by 86.6% year-on-year to MOP 6.97 billion, of which Receipts from Room Sales, Sales of Food & Beverages, and Rent Received amounted to MOP 3.02 billion, MOP 1.47 billion and MOP 1.01 billion respectively, accounting for 78.9% of the Total Receipts.

Total Expenditure of the hotel sector increased significantly by 88.3% over 2006 to MOP 9.39 billion, with Operating Expenses (MOP 3.53 billion), Compensation of Employees (MOP 2.78 billion) and Depreciation (MOP 1.56 billion) taking up 83.8% of the total. Gross Value Added, measuring the sectoral contribution to the economy, soared by 50.1% over 2006 to MOP 2.38 billion.


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