At the start of Golden Week, we at Dragon wish the citizens of the People's Republic of China, Macau and Hong Kong a prosperous holiday season filled with Peace, love and rich in blessings.
As September draws to a close, we say goodbye to the month that has been and look toward October. Where millions of Chinese citizens will be packing their bags in preparation for weeks of travel as the Chinese national Golden Week holiday commences.
In actuality, the Chinese Golden week runs from the 1st to 3rd October in most of China, on the 1st to 2nd October in Macau, and only on the 1st of October in Hong Kong. The reason we see Golden Week starting on the 1st, as opposed to the 21st of September (the date the People's Republic of China was founded) is that it was the day the official founding ceremony took place in Tiananmen Square. However, what was once a 3-day event now lasts for almost a week to a month for most retailers. In 2018, Macau alone received more than 1.2 million visitors from the 1st to 7th of October, boasting a 26.6% increase from an average week in Macau.
Golden Week is viewed as the "golden time" to travel, with it being the most extended public holiday besides the Chinese New Year. It is designed to allow family members to spend time with each other, the Dragon Team wish you safe travels and a restful time spent with your family and friends.
With over 700 million Chinese citizens readying their travels, it is to no surprise that last year, almost all major hotels had a 92% occupancy rate during the beginning weeks of October. This increased travelling enthusiasm has to no surprise generated 583.6 billion yuan (about 87.8 billion U.S. dollars) in revenue in the past, according to the China National Tourism Administration (CNTA). Japan, Thailand, and Italy are amongst the most popular destinations for travel internationally during this national holiday, while a lot choose to travel domestically still.
Many of those travelling can expect to see a lot of aggressive price surges, as well as price cuts as the competition starts to heat up. Companies will be competing to see who will prevail in capturing the interest of the tourist market. Prices can potentially raise as high as twice the average price.
People in Macau can expect bustling crowds in the city centre between Senado Square and the Ruins of St. Paul, in front of A-Ma Temple, Rua da Cunha street in Taipa. Casino complexes like the Venetian are, without a doubt, hot spots for those travelling to Macau also. In China, families flock to escape the concrete jungle and to enjoy the views of The Potala Palace in the heart of Lhasa (capital of southwest China's Tibet Autonomous Region) as well as the largest waterfall in China, Huangguoshu Waterfall, in addition to countless other great fabulous locations. With Golden Week coinciding with the connection of the first Dragon Junket this is also a Golden time for everybody in the Dragon Community too!