COVID-19 Kills Macau Golden Goose, Holiday Week Nearly Nonexistent

October 13, 2021 Earnings & Filings Industry Updates

Macau Golden Week wasn’t golden at all, as the region welcomed in less than 8,200 visitors during the annual October celebration last week. A handful of new COVID-19 cases recently detected in the Chinese Special Administrative Region (SAR) resulted in people staying away from Macau during the October 1-8 holiday. Golden Week commemorates the establishing of the People’s Republic of China on October 1, 1949. Most workers are afforded time off during the week, and are encouraged to travel domestically. Prior to the pandemic, more than 700 million Chinese people each year were estimated to have traveled during the first week in October.