Hong Kong hotels, tourist-area eateries report brisk trade over Lunar New Year holiday

    Hong Kong hotels, tourist-area eateries report brisk trade over Lunar New Year holiday

    Hong Kong’s hotels and tourist-area restaurants reported robust business during the Lunar New Year holiday, even as a surge in outbound travel by residents underscored the city’s increasingly visitor-driven festival economy. An industry leader said the city had also seen more mainland tourists partly because of ongoing diplomatic tensions between China and Japan. Hongkongers were…

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    Hong Kong back as a top choice for foreign commercial property investors, study says

      Hong Kong back as a top choice for foreign commercial property investors, study says

      Hong Kong commercial real estate is the Asia-Pacific region’s fifth most favoured investment destination for cross-border capital this year, underscoring an improved outlook for the city’s battered property market, according to a CBRE report. Hong Kong also recorded the second-highest number of luxury residential property deals among 12 super-prime markets worldwide in the last quarter…

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      Hong Kong ranked fourth for ‘post-Covid air transit connectivity in Asia-Pacific’

        Hong Kong ranked fourth for ‘post-Covid air transit connectivity in Asia-Pacific’

        Hong Kong ranked fourth in a university study on air transit connectivity at 16 aviation hubs across the Asia-Pacific in 2023. Researchers from the National Taiwan Ocean University’s transport science department also said Beijing, Shanghai and Guangzhou experienced declines in connectivity following the Covid-19 pandemic. The paper was published in the Asian Journal of Shipping…

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