Hongkongers made close to 1.4 million outbound trips in the three days leading up to Lunar New Year’s Eve, a 21.6 per cent increase from the same period last year, while inbound journeys by visitors rose by 5 per cent to more than 550,000. Despite the increase in departing residents, some restaurants reported a slight…
Hong Kong has started its National Day celebrations with an upbeat message from President Xi Jinping, two visiting PLA warships thrilling onlookers in Victoria Harbour and the restaurant sector betting on a business bump of up to 20 per cent during the extra-long “golden week” holiday. In a speech in Beijing on Tuesday to celebrate…
Hong Kong has started its National Day celebrations with an upbeat message from President Xi Jinping, two visiting PLA warships thrilling onlookers in Victoria Harbour and the restaurant sector betting on a business bump of up to 20 per cent during the extra-long “golden week” holiday. In a speech in Beijing on Tuesday to celebrate…
Recent weakness in the Hong Kong dollar against some regional currencies has made the city more appealing to inbound tourists while lowering the costs of services, economists and industry leaders have said. The Hong Kong dollar, pegged to the US dollar, weakened against a basket of currencies as reflected in the US dollar DXY Index,…
Hong Kong’s restaurants expect a modest 5 per cent rise in business at most during the “golden week” holiday despite visitor numbers increasing by a third over the first two days, as mainland Chinese tourists have tightened their purse strings, industry leaders have said. Hong Kong welcomed 567,928 visitors on Thursday and Friday, the first…
Hong Kong’s restaurants expect a modest 5 per cent rise in business at most during the “golden week” holiday despite visitor numbers increasing by a third over the first two days, as mainland Chinese tourists have tightened their purse strings, industry leaders have said. Hong Kong welcomed 567,928 visitors on Thursday and Friday, the first…