Hong Kong welcomed nearly 660,000 mainland visitors over the New Year countdown and the following three-day holiday in China, a 72 per cent increase from the same period a year ago. Sector representatives said the surge boosted hotel businesses but brought limited benefits for retailers. Data released by the Immigration Department on Sunday showed 659,090…
Hong Kong received 10 per cent more visitors during the Christmas period compared with last year, while Hongkongers made almost 1.7 million outbound trips, up 22 per cent over the same period, according to official statistics. However, the retail sector warned that the absence of New Year fireworks could affect the number of visitors in…
Tourists planning to spend Christmas in Hong Kong have fuelled a surge in guest house bookings since October, driving occupancy and room rates to their strongest levels in five years. But those arriving without reservations may end up paying double the price, according to an industry leader. David Leung Tai-wai also told the Post that…
Hong Kong could reap as much as HK$428 million (US$54.5 million) in economic benefits from the city’s eight-day football festival, experts have said, bringing about a windfall for sectors such as retail, hospitality and transport. One hotel sector representative said his firm expected a 12 per cent increase in room rates over the event period…
Hong Kong could reap as much as HK$428 million (US$54.5 million) in economic benefits from the city’s eight-day football festival, experts have said, bringing about a windfall for sectors such as retail, hospitality and transport. One hotel sector representative said his firm expected a 12 per cent increase in room rates over the event period…