The number of MICE events in Macao leapt by 231.1% (or 171) year-on-year to 245 in the third quarter of 2023, according to the city's Statistics and Census Service. The number of participants & attendees surged by 59.9% year-on-year to 545,000.
There were 221 meetings & conferences held in the third quarter, up by 262.3% (or 160) year-on-year; number of participants soared by 633.1% to 48,000. Number of exhibitions went up by 8 year-on-year to 20, and number of attendees increased by 47.3% to 493,000. There were 4 incentives, with 5,035 participants.
Receipts and expenditure of the exhibition organizers totalled MOP38.58 million and MOP97.76 million respectively in the third quarter, representing respective growth of 279.0% and 155.5% year-on-year.
The exhibitions in the third quarter attracted 2,549 exhibitors and 21,000 professional visitors. The majority of the receipts of the exhibitors were generated from sales of goods (90.0% of total).
In the first three quarters of 2023, a total of 757 MICE events were held, up by 187.8% (or 494) year-on-year; total number of participants & attendees rose by 50.3% to 1,220,000. The two indicators recovered to 70.4% and 96.1% of the levels in the same period of 2019 respectively.
Meetings & conferences surged by 221.0% (or 484) to 703, with the number of participants soaring by 393.6% to 118,000. Number of exhibitions increased by 8 year-on-year to 44, and number of attendees (1,092,000) grew by 38.9%. Number of incentives went up by 2 to 10, whereas the number of participants jumped by 481.4% to 10,000.
Receipts and expenditure of the exhibition organizers totalled MOP69.41 million and MOP143 million respectively, up by 155.6% and 167.4% year-on-year.