Develop Macau as a Sustainable Tourism Destination in terms of Hotel industry
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| M O P Axis Title Median of Monthly employment earnings by Hotels, restaurants and similar activities Labour and employment Median of monthly employment earnings by industry Hotels, restaurants and similar activities MOP Linear (Labour and employment Median of monthly employment earnings by industry Hotels, restaurants and similar activities MOP) DSEC – Research Competition Developing Macau as a sustainable tourism destination in terms of hotel industry. 8 Consumer Price Index (CPI) The Overall CPI in 2008 has reached 124.32. The CPI-A represents the households with lower spending MOP 3,000 to MOP 9,999 per month in 2008) while the CPI-B represents the households with higher spending (MOP 10,000 to MOP 19,999 per month) in Dec 2008 (Macau Statistic and Census Service, 2008) 11 . We can see from Figure 3.1.2, the two index are in an increasing trend year by year since 2000. We can conclude that both low and high spending households tend to spend more on commodities. This is affected by the median monthly wage of hotel, restaurant and other activities. In figure 3.1.3, the median of labor earnings, has reached the highest into MOP 8,500. This has reflected the consumption pattern of people in Macau is changing in these years. 11 Macau Statistic and Census Service (2008), Consumer Price Index 0 50 100 150 200 250 300 350 400 Q tr .1 Q tr .2 Q tr .3 Q tr .4 Q tr .1 Q tr .2 Q tr .3 Q tr .4 Q tr .1 Q tr .2 Q tr .3 Q tr .4 Q tr .1 Q tr .2 Q tr .3 Q tr .4 Q tr .1 Q tr .2 Q tr .3 Q tr .4 Q tr .1 Q tr .2 Q tr .3 Q tr .4 Q tr .1 Q tr .2 Q tr .3 Q tr .4 Q tr .1 Q tr .2 Q tr .3 Q tr .4 Q tr .1 Q tr .2 Q tr .3 Q tr .4 2000 2001 2002 2003 2004 2005 2006 2007 2008 Download 1.19 Mb. Share with your friends:
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