Hotels & Guesthouses (No.)
Persons Engaged (No.) •
Receipts (Million MOP) Expenditure
Compensation of Employees Operating Expenses Purchase of Goods &
Commission Paid Gross Value Added
Gross Fixed Capital Formation Gross Surplus
Gross Surplus Ratio (%)
Gross Surplus-Expenditure Ratio (%) Average Value Added per
Person Engaged ('000 MOP)
• •
Alameda Dr. Carlos d' Assumpção, No. 411-417, Dynasty Plaza, 17th floor, Macao Tel: (853) 8399 5311 Fax: (853) 2830 7825 E-mail: info@dsec.gov.mo Official Statistics. Reproduction of these data is allowed provided the source is quoted.
HOTELS AND SIMILAR ESTABLISHMENTS SURVEY
Structure of Expenditure
2018
Gross Surplus Ratio of the sector rose by 3.6 percentage points year-on-year to 14.6%, indicating a further improvement in the capability of the sector to convert receipts into Gross Surplus.
Likewise, Gross Surplus-Expenditure Ratio, which measures the cost-effectiveness of a sector, grew by 4.7 percentage points to 17.1%.
37 291
51.0 5 433
2019.09 3 598
Receipts of the sector increased by 14.5% year-on-year, with those from Room Sales rising by 16.1%. Expenditure of the sector went up by 10.0%, of which Compensation of Employees and Operating Expenses showed respective growth of 10.7% and 8.4%.
Number of operating hotels & guesthouses increased by 3 year-on-year to 116, including 82 hotels and 34 guesthouses. Total number of persons engaged rose by 3.7% to 52,976.
8.4 12 744
Principal Indicators
The opening of new hotels as well as the 6.1% increase in hotel guests were both conducive to the development of the hotel sector.
Receipts of the sector reached MOP 37.29 billion in 2018, up by 14.5% year-on-year.
Expenditure of the sector went up by 10.0% year-on-year to MOP 31.83 billion, of which Compensation of Employees (MOP 14.39 billion) and Operating Expenses (MOP 13.82 billion) accounted for 45.2% and 43.4% respectively, while Purchase of Goods &
Commission Paid (MOP 3.62 billion) took up 11.4%.
12 994
3.6 p.p.
11.0
As the growth in receipts outpaced that in expenditure, Gross Surplus of the sector surged by 51.0% to MOP 5.43 billion, the highest record since the launch of this survey.
Gross Surplus, Gross Surplus Ratio and Gross Surplus-Expenditure Ratio –
–
–
–
113
Gross Value Added that measures the sectoral contribution to the economy expanded by 19.5% year-on-year. Gross Fixed Capital Formation of the sector leapt by 228.5%.
Change (%)
8 631
14.6
3.7
14 390
14.5 32 565
Benefiting from an increase in guests of hotels & guesthouses, receipts and expenditure of the sector recorded year-on-year rise. Moreover, Gross Surplus soared by 51.0%.
19.5 3 2017 r
13 815
28 928
3 189 2018
52 976
10.0
228.5 13.6 3 623
19 823 28 351
16 592
10.7 116
31 828
51 074
17.1 12.4 4.7 p.p.
374 325 15.2
4 955
2 756
2 204
3 598
5 433
17.8
10.6
7.8
11.0
14.6 21.5
11.8
8.3
12.4
17.1
0 5 10 15 20 25 30 35
0 1 000 2 000 3 000 4 000 5 000 6 000
2014 2015 2016 2017 2018
Gross Surplus Gross Surplus Ratio
Gross Surplus-Expenditure Ratio 統 計 暨 普 查 局
Government of Macao Special Administrative Region Statistics and Census Service
44.9%
44.1%
11.0%
45.2%
43.4%
11.4%
2017 2018
%
Compensation of Employees Operating Expenses Purchase of Goods & Commission Paid
Million MOP
r
•
•
Business Performance of Hotels
Receipts of Hotels Million MOP Receipts of Hotels
Total Receipts •
Receipts
Of which: Online Businessa Non-operating Receipts
Interest Receipts Insurance Claims a
Receipts by Item Million MOP
Total Room Sales Rentals of Space
Malls, showrooms, etc.
MICE venues/
private banquets halls Food & Beverages Other Receipts
Note: Other Receipts include Sale of Goods and In-room Services.
•
17 197
2017 r
384 131
2017 r Change (%) 130
Change (%)
51 153.3
193.9
Gross Fixed Capital Formation
Receipts of the 82 hotels stood at MOP 37.21 billion, an increase of 14.5% year-on-year; those generated from online business (including bookings of hotel rooms and tickets, etc.) amounted to MOP 1.98 billion.
Among the various items of receipts, Room Sales grew by 16.0%
year-on-year to 17.20 billion, which made up 46.2% of the total.
Receipts from Rentals of Space went up by 7.6% to MOP 8.13 billion (21.8% of total), of which MOP 7.34 billion came from rentals of malls, showrooms, etc., representing a growth of 8.4%; receipts from rentals of MICE venues/private banquet halls edged up by 0.5% to MOP 784 million. Besides, receipts from provision of Food & Beverages amounted to MOP 8.14 billion (21.9% of total), an increase of 18.5%.
Structure of Receipts
8 144 6 875
784
14.8
780 0.5
In terms of Non-operating Receipts of the hotels, insurance claims jumped by 193.9% to MOP 384 million as a consequence of the compensation for damages caused by the catastrophic typhoon in 2017.
3 741 3 258
2018
1 983 1 836 ..
2018
37 211 Gross Value Added
32 690
32 508 14.5
8.4
37 725 15.4
Gross Value Added that measures the sectoral contribution to the economy expanded by 19.5% year-on-year to MOP 19.82 billion, as receipts of the sector were significantly higher than Operating Expenses and the expenditure on Purchase of Goods &
Commission Paid.
In view of an upsurge in Gross Value Added, Average Value Added per Person Engaged went up by 15.2% to MOP 0.37 million.
Attributable to the opening of new hotels and the acquisition of motor vehicles, machinery & other equipment by some hotels, Gross Fixed Capital Formation of the sector leapt by 228.5% to MOP 28.35 billion.
Analysed by item, Gross Fixed Capital Formation of buildings & other constructions (MOP 20.89 billion) and motor vehicles, machinery &
other equipment (MOP 6.46 billion) boosted by 278.4% and 792.9%
respectively year-on-year; yet, Gross Fixed Capital Formation of other fixed assets (MOP 724 million) declined by 68.1%.
Data were provided by 68 and 70 establishments in 2017 and 2018 respectively.
514 182 182.4
37 211 32 508 14.5
8 129 7 555
7 345 6 775
16.0
18.5 7.6 14 820
14 546
13 203 14 139
16 592
19 823 368
292 285
325 374
0 100 200 300 400
0 3 000 6 000 9 000 12 000 15 000 18 000 21 000
2014 2015 2016 2017 2018
Gross Value Added
Average Value Added per Person Engaged
Million MOP '000 MOP
20 891
6 460
276 724
5 521
724 118 2 268
0 5 000 10 000 15 000 20 000 25 000
Buildings & Other Constructions
Motor Vehicles, Machinery &
Other Equipment
Computer Software
Other Fixed Assets Million MOP
45.6%
23.3%
21.1%
10.0%
46.2%
21.8%
21.9%
10.1%
2017 2018
2018 2017
r
r
Expenditure by Item Million MOP Expenditure of Hotels
Total •
Compensation of Employees Remuneration in Cash Benefits of Employees Operating Expenses
Of which:
Management Services &
Contractual Services Electricity Charges Maintenance & Repairs Consumables
Market Research & Publicity Rents of Establishment Purchase of Goods &
Commission Paid Food & Beverages Other Goods Commission Paid
•
Million MOP
• Total
Depreciation Interest Paid
8.4
1 928
1 183
3 189 13.6
243
12 284
14.1
Non-operating Expenses of hotels (including depreciation and interest paid) increased by 14.8% year-on-year to MOP 14.72 billion, with depreciation expanding by 13.4% to MOP 12.28 billion (83.5% of total).
213 11 373
12 720
1 030
14 720 12 824
10 833 13.4
2018
0.7 2 780
1 515
3 010
12 972
11.7
2018
17.2 1 151
1 018
10.6
1 786 1 599 11.7
12 580
10.7 14 365
7.5
14.8
Structure of Expenditure
Expenditure of hotels was manly incurred on Compensation of Employees and Operating Expenses, which amounted to MOP 14.37 billion (45.2% of total) and MOP 13.79 billion (43.4%) respectively, up by 10.7% and 8.4% year-on-year. Expenditure on Purchase of Goods and Commission Paid grew by 13.6% to MOP 3.62 billion.
Remuneration in cash increased by 10.6% year-on-year to MOP 12.58 billion, constituting 87.6% of Compensation of Employees.
Moreover, benefits of employees (e.g. payments in kind, pension funds, and contributions to Social Security Funds) rose by 11.7% to MOP 1.79 billion.
Within Purchase of Goods & Commission Paid, expenditure on food & beverages went up by 15.3% to MOP 3.01 billion, which accounted for 83.1% of the total. Besides, commission paid (MOP 243 million) showed a 14.1% rise.
22.3 1 991
13 788
1 725
2017 r Change (%) Non-operating Expenses
2 610 15.3
369
- 4.7 1 349
367
1.1
3 622
Analysed by items of Operating Expenses, expenditure on management services & contractual services went up by 7.5% year- on-year to MOP 2.78 billion (20.2% of total).
Electricity charges (MOP 1.93 billion), expenditure on maintenance &
repairs (MOP 1.52 billion) and consumables (MOP 1.35 billion) recorded increases of 11.7%, 28.1% and 17.2% respectively;
expenditure on market research & publicity (MOP 1.03 billion) also grew by 1.1%, while that on rents of establishment (MOP 706 million) dropped by 4.7%.
Change (%) 2017 r
2018
2 586
28.1
706 741
2 436
31 776 28 882 10.0
Management Services &
Contractual Services 20.2%
Others 24.1%
Electricity Charges
14.0%
Maintenance &
Repairs 11.0%
Consumables 9.8%
Market Research &
Publicity 7.5%
Rents of Establishment
5.1%
Professional & Consulting Services
3.1%
Complimentary Goods & Services
Provided to Customers
2.7%
Computers &
Information 2.5%
Statistical Indicators by Classification of Hotels
5-star 4-star 3-star 2-star
Business Performance by Classification of Hotels
•
Expenditure of Hotels by Item
•
Compensation of Employees Operating Expenses
Of which:
Management Services &
Contractual Services Electricity Charges Maintenance & Repairs Consumables
Market Research & Publicity Rents of Establishment Purchase of Goods &
Commission Paid Rooms
Available Persons
Engaged Hotels
(No.)
3 844 2 677
Average Value Added per Person Engaged
13.4 40 134
6 285
5 914 377
400 (Million MOP)
35
9
147 675
Gross Surplus
Gross Fixed Capital Formation
Gross Surplus
Ratio
(%) ('000 MOP)
Expenditure
7 724 4 987
29 040
2 069 12.6
388 302 Gross
Value Added
24 494
950 4 394
1 245 Expenditure of five-star hotels amounted to MOP 25.11 billion, an
increase of 12.6% year-on-year, with Compensation of Employees (MOP 11.69 billion) and Operating Expenses (MOP 10.54 billion) rising by 13.5% and 11.1% respectively. Expenditure on management services & contractual services, being the major item of Operating Expenses, grew by 10.2% year-on-year; electricity charges, expenditure on maintenance & repairs and consumables expanded by 14.3%, 32.7% and 25.8% respectively.
Four-star hotels incurred MOP 3.84 billion in expenditure, up by 3.5%
year-on-year. Operating Expenses climbed by 2.3% to MOP 2.07 billion, of which expenditure on management services & contractual services rose by 2.4% while that on rents of establishment decreased by 5.2%.
Expenditure of three-star and two-star hotels together amounted to MOP 2.82 billion, down by 1.5% year-on-year, with Compensation of Employees (MOP 1.33 billion) and Operating Expenses (MOP 1.18 billion) dropping by 1.3% and 2.7% respectively. Within Operating Expenses, expenditure on management services & contractual services inched down by 0.1% whereas electricity charges went up by 3.9%.
1 332
11 687 1 346
108 Distribution of Receipts by Classification of Hotels
14
25 115 15 580 26 846
4-star 3-star &
2-star 5-star
Receipts of five-star hotels grew by 18.6% year-on-year to MOP 29.04 billion; those generated from Room Sales (MOP 13.06 billion), Rentals of Space (MOP 7.12 billion) and provision of Food &
Beverages (MOP 6.36 billion) rose by 20.3%, 10.3% and 20.8%
respectively.
Four-star hotels recorded MOP 4.39 billion in receipts, up by 5.2%
year-on-year. Receipts from Room Sales (MOP 2.36 billion) and provision of Food & Beverage (MOP 965 million) increased by 5.4%
and 12.3% respectively.
Receipts of three-star and two-star hotels decreased by 2.0% year- on-year to MOP 3.78 billion, which was dragged down by a 13.8%
drop in receipts from Rentals of Space (MOP 597 million); yet, receipts from Room Sales (MOP 1.78 billion) and provision of Food & Beverages (MOP 821 million) went up by 3.0% and 9.1%
respectively.
26.2
2 227 892
552 1 898
3 893
154
210 6.2
64
Million MOP
1 177
1 973 295
105 531 69
10 542
1 479
110 512
239 161
210
1 127
2 886 308
114 208
429 3 627
16
Receipts
150 141
17
873 417
1 725 1 777
2 236 2 356 10 858 13 064
692 597 402 408 6 461 7 124
753 821 860 965
5 262 6 357
685 581 679 665 1 895 2 495
000 000 000 001 001 001
三星及二星級 三星及二星級 四星級 四星級 五星級 五星級
% Million MOP 5-star
2018 2017
4-star 2018 2017
3-star & 2-star 2018 2017
Room Sales Rentals of Space Food & Beverages Other Receipts
r
r
0 20 40 60 80 100
•
% •
5-star 4-star 3-star 2-star
•
Gross Fixed Capital Formation of Hotels Million MOP •
5-star 4-star 3-star
2-star - 77.0
Gross Surplus of Hotels
2017 r
93.1 26 846
892 1 626
Gross Value Added and Average Value Added per Person Engaged of Hotels
26.2 26.2 - 35.5 35.6 - 0.1
6.2 4.7 1.5 6.6
11.2 1.4 14.4 12.5 1.9
9.6 5.9
As the receipts of five-star, four-star and two-star hotels increased sizeably than their expenditure, Gross Surplus of these hotels showed varying degrees of growth. Gross Surplus of five-star hotels (MOP 3.89 billion) and two-star hotels (MOP 9.26 million) surged by 82.4% and 82.3% respectively.
However, three-star hotels registered a decrease of 3.1% in Gross Surplus (MOP 950 million) on account of a greater decrease in their receipts than in expenditure.
210
207
910
4.9 1.7
- 45.1 356.3
Gross Fixed Capital Formation of five-star hotels rocketed by 356.3% year-on-year to MOP 26.85 billion on the back of the completion of new hotels and the acquisition of motor vehicles, machinery & other equipment.
Moreover, Gross Fixed Capital Formation of four-star hotels jumped by 93.1% to MOP 400 million, ascribable to an increase in purchase of motor vehicles, machinery & other equipment.
Three-star hotels recorded the highest Gross Surplus Ratio across all types of hotels, at 26.2%, the same as in 2017. Gross Surplus Ratio of five-star hotels increased by 4.7 percentage points to 13.4%
and that of four-star hotels went up by 1.4 percentage points to 12.6%.
Gross Surplus-Expenditure Ratio of three-star hotels (35.5%) dropped slightly by 0.1 percentage point year-on-year, whereas that of five-star hotels (15.5%) grew by 5.9 percentage points.
12.6
4.7
Gross Value Added of five-star hotels (MOP 15.58 billion) rose by 25.3% year-on-year and that of four-star hotels (MOP 1.90 billion) increased by 6.1%. However, Gross Value Added of three-star hotels (MOP 2.23 billion) reduced by 2.5%.
Average Value Added per Person Engaged of five-star hotels went up by 19.1% to MOP 0.39 million, while that of three-star hotels inched down by 0.9% to MOP 0.38 million.
13.4 8.7
Change (%)
400 2018
Gross Surplus Ratio and Gross Surplus-Expenditure Ratio of Hotels
15.5
5 884
Gross Surplus Ratio Gross Surplus-Expenditure Ratio 2018 2017 r Difference
(p.p.) 2018 2017 r Difference (p.p.) 3 893
552
950
9 2 135
466
981
5 0
1 000 2 000 3 000 4 000
5-star 4-star 3-star 2-star
2018 2017
Million MOP
r
15 580
1 898 2 227
64 388
302
377
0 100 200 300 400 500
0 2 500 5 000 7 500 10 000 12 500 15 000 17 500
5-star 4-star 3-star 2-star
Million MOP
154
Gross Value Added
Average Value Added per Person Engaged
'000 MOP
Business Performance of Hotels by Number of Rooms Available
•
Hotels (No.)
Persons Engaged (No.) Receipts (Million MOP) Expenditure
Business Performance of Guesthouses
• Guesthouses (No.)
Persons Engaged (No.) Receipts ('000 MOP) Expenditure
Compensation of Employees Operating Expenses Purchase of Goods &
Commission Paid Gross Value Added
Gross Fixed Capital Formation Gross Surplus
Gross Surplus Ratio (%)
Gross Surplus-Expenditure Ratio (%) Average Value Added per
Person Engaged ('000 MOP)
Historical Data
Hotels & Guesthouses (No.) Persons Engaged (No.) Receipts (Million MOP) Expenditure Gross Value Added
Gross Fixed Capital Formation Gross Surplus
Gross Surplus Ratio (%)
2018 2017 r Change (%) Gross Surplus of Hotels by Number of Rooms Available
<100 rooms
≧1 000 rooms
26 046
49 616
34 34 -
226
187 104.7
2016
13 203 23 445
25 298 32 565
28 928 16 592 28 427
45 271
109 2014
2013
233 159 46.4
383
24.6
3 004 3 532
19.7 15.4 p.p.
54.1 29.5 p.p.
59.8 - 14.9
28 137 11 243 150.3
52 037 45 791 13.6
24 540
56 965 40.8
Number of guesthouses stayed at 34, while number of persons engaged increased by 19 (+9.2%) year-on-year to 226.
Receipts of guesthouses soared by 40.8% to MOP 80.20 million and expenditure grew by 13.6% to MOP 52.04 million.
Since receipts of the guesthouses were significantly higher than expenditure, Gross Surplus of guesthouses leapt by 150.3% to MOP 28.14 million. Gross Surplus Ratio (35.1%) and Gross Surplus- Expenditure Ratio (54.1%) surged by 15.4 percentage points and 29.5 percentage points respectively.
Gross Value Added of guesthouses totalled MOP 52.68 million, an upsurge of 59.8% and their Average Value Added per Person Engaged increased by 46.4% to MOP 0.23 million. Meanwhile, Gross Fixed Capital Formation amounted to MOP 3.00 million, down by 14.9%.
52 677
207 9.2
80 195
2017 r 2015
100 - 299 rooms
300 - 499 rooms
500 - 999 rooms
Principal Indicators of Guesthouses
16 9
26 762 20 140 18 270
Analysed by number of available rooms, hotels with 1,000 or more rooms increased by 1 year-on-year to 9, and number of persons engaged of these hotels grew by 16.6% to 26,762. Receipts (MOP 20.14 billion), expenditure (MOP 18.27 billion) and Gross Surplus (MOP 1.84 billion) of these hotels rose by 19.1%, 19.3% and 18.0%
respectively.
Receipts of the 7 hotels with 500 to 999 rooms (MOP 6.23 billion) grew by 14.3%, whereas expenditure (MOP 5.96 billion) dropped by 3.8%. These hotels recorded a Gross Surplus of MOP 242 million, a significant improvement compared to the deficit of MOP 746 million in 2017.
There were 16 hotels with less than 100 available rooms, up by 1 year-on-year. Receipts (MOP 164 million) and expenditure (MOP 140 million) of these hotels increased by 13.9% and 22.3%
respectively. As the growth in expenditure surpassed that in receipts, Gross Surplus of these hotels decreased by 18.2% to MOP 23.57 million.
21 714
32 957
35.1
13.5 23 890
13.0 27 114
11.0 7.8
10.6 2 756
113
8 631 3 598 26 638
51 074 107
2 204
28 862 36 602
14 139
16.3
99 39 475 27 871 23 076 14 546 2 763 4 955 17.8 100
21 377 12 313 2 265 4 130 39 909 2 769 4 633 5 964 140
3 710 6 968
164 6 229
25 25 7
403 5 737 9 773 10 075
24
943
2 353
242
1 844
29
766
1 973
- 746
1 563
-1 000 - 500 0 500 1 000 1 500 2 000 2 500 Million MOP
<100 100 - 299 300 - 499 500 - 999 ≧ 1 000 rooms
2018 2017r
Survey Coverage
Symbols and Abbreviations:
% Percentage MOP Macao Pataca
r Revised figures '000 Thousand
p.p. Percentage point - Absolute value equals zero
..
Not applicableFor additional information:
http://www.dsec.gov.mo/e/hot.aspx Rooms Available: Rooms available for guests in hotels and guesthouses as at the reference date.
Gross Surplus Ratio: Gross Surplus divided by receipts and multiplied by 100%. The higher the ratio, the more effective a sector is at converting receipts into Gross Surplus.
Establishment: An economic unit which engages in one or predominantly one kind of economic activity at a single location.
Glossary
Gross Surplus-Expenditure Ratio: Gross Surplus divided by expenditure and multiplied by 100%. The higher the ratio, the more cost-effective an establishment is.
Gross Fixed Capital Formation: Equals the value of total acquisitions of new, used and fixed assets produced for own use, less the proceeds from sales of fixed assets. Fixed assets include buildings; furniture; machinery & equipment; vehicles; computer software; and other durable goods with a lifespan of one year or more. Also included are major repairs, alterations and extensions made to the existing fixed assets.
Average Value Added per Person Engaged: Gross Value Added divided by number of persons engaged. An indicator that measures the sectoral contribution of each person engaged to the economy.
Gross Surplus: Equals receipts, plus Changes in Inventories, minus expenditure.
Gross Value Added: Equals receipts, plus Changes in Inventories, minus Purchase of Goods & Services, Commission Paid and Operating Expenses.
Coverage of the survey comprises 116 hotels & guesthouses operating in Macao in 2018. The list of establishments is originated from the Statistics and Census Service and supplemented with information from the Financial Services Bureau and the Macao Government Tourist Office.
Persons Engaged: All individuals who work for the establishment as at the last working day of the reference year, including employees and unpaid workers, but excluding individuals who are absent for an indefinite period.
Receipts: Operating receipts from the provision of services and resale of goods and products before any deduction of costs. Receipts are generated from Room Sales; Food & Beverages; Rentals of Space; and other receipts not specified above, but exclude Non-operating Receipts such as interest received and insurance claims.
Expenditure: Includes Compensation of Employees, Purchase of Goods & Services, Commission Paid and Operating Expenses; Non-operating Expenses such as depreciation and interest paid are excluded.
Operating Expenses: Include consumables; water; fuels; electricity charges; maintenance & repairs; rents of establishment; coach hire with driver; non- labour insurance; market research & publicity; patents and trademarks; complimentary goods & services provided to customers (including ferry tickets, performance tickets, food & beverages, etc.); professional & consulting services (legal, auditing and consultancy services, etc.); management services &
contractual services (cleaning, pest control, and laundry services, etc.); and other operating expenses.