Macao's meeting, exhibition events rise in Q4 2022-Xinhua

Macao's meeting, exhibition events rise in Q4 2022

Source: Xinhua

Editor: huaxia

2023-02-23 20:21:00

MACAO, Feb. 23 (Xinhua) -- A total of 197 meeting, incentive, conference and exhibition (MICE) events were held in Macao in the fourth quarter of last year, an increase of 34 year-on-year, the special administrative region's statistics service said on Thursday.

The latest report from the Statistics and Census Service indicated that the number of participants and attendees dropped by 15.4 percent to 608,000 as the number of large exhibitions decreased.

A total of 166 meetings and conferences were held in the fourth quarter, up by 26 from the same period of last year. The number of participants rose by 35.7 percent to 18,000. The average duration of the meetings and conferences remained at 1.0 day, said the report.

The number of exhibitions in the third quarter of 2022 went up by eight year-on-year to 28. Yet, the number of attendees fell by 16.3 percent to 590,000.

The exhibitions in the fourth quarter attracted 3,098 exhibitors and 28,000 professional visitors, showed the report.

In accordance with information collected from 952 interviewed exhibitors, 96.8 percent of their receipts were mainly generated from sales of goods, whereas their expenditure was mainly incurred on rental paid for exhibition booths and booth installation and decoration.