Macau: Eighteen Hotels Under Construction in Q2 Says DSSOPT

Macau, Slider 18 Aug 2014
Macau: Eighteen Hotels Under Construction in Q2 Says DSSOPT

MACAU:

According to the statistics released by the Land, Public Works and Transport Bureau (DSSOPT)  there were 18 hotel projects under construction in the 2nd quarter of this year.

Of the 18 projects, nine of them were in the Macau Peninsula, five in Cotai, three in Taipa and one in Coloane.

Based on Information from the information provided by the developers, DSSOPT estimates are that the projects are likely to provide 9,800 hotel rooms after completion with 7,500 of them being in Cotai and a further 1,000 in Macau.

The total floor area of the 18 projects amounted to 1.88 million square meters and they will provide more than 9,800 parking spots. Moreover, the authorities are evaluating 28 projects that were estimated to provide almost 15,800 rooms, with 12,000 of them in Cotai

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