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GGRAsia – Macau hotel occupancy up Dec, Nov arrivals slow m-o-m

Maria Helena de Senna Fernandes, director of Macao Government Tourism Office (MGTO), has told local media that some of the city’s hotels have seen improving occupancy trends during December. “Currently, many tourists here are staying in Macau overnight… in some hotels the occupancy rate is even up to around 80 percent,” said the MGTO director in comments on Saturday on the sidelines of an event. She did not name the hotels concerned, but noted that the city’s hotel room nightly rates had in recent times become more affordable for visitors. The Macau government would continue next year spending-stimulus initiatives for consumers, including discount offers aimed at tourists, for hotel stays and flights via some e-commerce platforms, said the MGTO boss. An aim was to ensure volume of visitors during the upcoming Lunar New Year break in early February, the tourism official explained.

Sinic Holdings Launches Green, Social, Sustainability Financing Framework

Sinic Holdings Launches Green, Social, Sustainability Financing Framework HONG KONG, Dec. 10, 2020 /PRNewswire/ Sinic Holdings (Group) Company Limited ( Sinic Holdings or the Company , together with its subsidiaries, the Group , stock code: 2103.HK) announced today the launch of a Green, Social, Sustainability Financing Framework (the Framework ). The Framework sets out governance mechanisms under which Sinic Holdings intends to issue Green, Social or Sustainability bonds, loans and other debt-like instruments. The Framework sets out various eligible categories of green and social projects, including, but not limited to, Green Buildings, Energy Efficiency, Pollution Prevention & Control and Affordable Housing. Sinic Holdings has also established a Sustainable Finance Working Group, which will oversee project selection and ensure robust monitoring and governance.

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