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…
Many Hong Kong restaurants enjoyed a bump in business by as much as 15 per cent on Tuesday driven by National Day celebratory offers including discounts of up to 30 per cent at more than 3,600 outlets. Michael Leung Chun-wah, chairman of the Association for Hong Kong Catering Services Management, said the industry had enjoyed…