Hotels and Similar Establishments Survey 2018

Information from the Statistics and Census Service (DSEC) indicated that number of operating hotels & guesthouses increased by 3 year-on-year to 116 in 2018. Total number of persons engaged was 52,976, a growth of 3.7%. Receipts of the sector grew by 14.5% year-on-year to MOP 37.29 billion attributable to an increase in guests of hotels & guesthouses. Expenditure of the sector went up by 10.0% to MOP 31.83 billion, with Compensation of Employees (MOP 14.39 billion), Operating Expenses (MOP 13.82 billion) and Purchase of Goods & Commission Paid (MOP 3.62 billion) rising by 10.7%, 8.4% and 13.6% respectively.

Total receipts of the 82 hotels amounted to MOP 37.21 billion in 2018, up by 14.5% year-on-year. Analysed by classification of hotels, receipts of 5-star hotels surged by 18.6% to MOP 29.04 billion (78.0% of receipts of hotels); in particular, those from Room Sales (MOP 13.06 billion), Rentals of Space (MOP 7.12 billion) and provision of Food & Beverages (MOP 6.36 billion) increased by 20.3%, 10.3% and 20.8% respectively. Likewise, receipts of 4-star hotels went up by 5.2% to MOP 4.39 billion, which were generated primarily from Room Sales (MOP 2.36 billion), up by 5.4%. However, receipts of 3-star and 2-star hotels dropped by 2.0% to MOP 3.78 billion as a result of a 13.8% decrease 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) rose by 3.0% and 9.1% respectively. As regards Non-operating Receipts of these hotels, insurance claims escalated by 193.9% to MOP 384 million as a consequence of the compensation for damages caused by the catastrophic typhoon in 2017.

Expenditure of the hotels totalled MOP 31.78 billion, up by 10.0% year-on-year. Expenditure of 5-star hotels increased by 12.6% to MOP 25.11 billion (79.0% of expenditure of hotels), of which Compensation of Employees (MOP 11.69 billion) and Operating Expenses (MOP 10.54 billion) saw respective growth of 13.5% and 11.1%. In addition, 4-star hotels incurred MOP 3.84 billion in expenditure, an increase of 3.5%, with Operating Expenses (MOP 2.07 billion) rising by 2.3%. Expenditure of 3-star and 2-star hotels fell by 1.5% to MOP 2.82 billion; Compensation of Employees (MOP 1.33 billion) and Operating Expenses (MOP 1.18 billion) decreased by 1.3% and 2.7% respectively. Meanwhile, Non-operating Expenses of these hotels (including depreciation and interest paid) amounted to MOP 14.72 billion, up by 14.8% year-on-year.

Number of guesthouses remained at 34. Receipts of the guesthouses (MOP 80.20 million) surged by 40.8% year-on-year whereas expenditure (MOP 52.04 million) grew by 13.6%.

Gross Value Added that measures the sectoral contribution to the economy added up to MOP 19.82 billion, an increase of 19.5% year-on-year; Average Value Added per Person Engaged grew by 15.2% to MOP 0.37 million. As the growth in receipts exceeded that in expenditure, Gross Surplus of the sector soared by 51.0% to MOP 5.43 billion, the highest record since the launch of this survey. Gross Surplus Ratio went up by 3.6 percentage points to 14.6%. Moreover, on account of the completion of new hotels as well as the acquisition of machinery and other equipment by some hotels, Gross Fixed Capital Formation of the sector leaped by 228.5% year-on-year to MOP 28.35 billion.