Hotels & Tourism

Luxury hotel room stock hit 18,839 in 2018
5 Apr 19
Occupancy rate rose 3 ppt to 89%.
Hong Kong takes the world's 19th most powerful passport
27 Mar 19
Hong Kong’s passport holders have visa-free or visa-on-arrival access to 169 countries.
New players enter scene but an iconic hotel exits
26 Mar 19
The Excelsior will be transformed into a mixed-use commercial building.
Record high 65.15 million visitor arrivals buoyed hotel occupancy in 2018
18 Mar 19
The lacklustre 2,500 new hotel room supply also supported the citywide occupancy of 91.4%.
Eaton HK bags Hotel Renovation & Restoration award in AHEAD Asia Awards
14 Mar 19
The hotel’s new concept featured merging public and private spaces and a co-working space.
Tourist arrivals up 27.2% to 6.8 million in January
6 Mar 19
There were 5.54 million Mainland visitors.
Tourist arrivals surge 17.9% to 6.59 million in December
20 Feb 19
There were over 5.12 million tourists from the Mainland.
Hotels in Thailand poised for 6% RevPar growth in 2019
19 Feb 19
Tourist visits will recover following the Phuket boat accident in last 2018.
Chinese tourists prefer Australia and Singapore over Hong Kong: survey
6 Feb 19
The survey notes that the SAR does not have sufficient travel and outdoor activities.
New Hong Kong passport features hi-tech security upgrades
6 Feb 19
The travel document will feature designs only visible in ultraviolet light.
Tourist arrivals surge 20.6% to 6 million in November
9 Jan 19
The month witnessed a recovery in visitor arrivals from non-Chinese markets.
Emperor International sells Inn Hotel Hong Kong at $1.1b
11 Dec 18
The proceeds will be used for the firm's business development.
Visitor arrivals rose 11.5% to 5.88m in October
6 Dec 18
Mainland tourists accounted for nearly 80% of monthly arrivals.
APAC's hotel transaction volume hit US$5.2b YTD in 9MFY18
15 Nov 18
China, Japan and South Korea accounted for 70% of transaction volumes.
Tighter tour guide rules loom after visitors overwhelm Lantau
13 Nov 18
Tour guides operating without a license may soon be a criminal offence.
Tourist arrivals slows to 4.72 million in September
8 Nov 18
More Mainland tourists failed to offset declining volumes for the rest of Asia.
Hong Kong drops to seventh place in APAC's most visited cities in 2017
31 Oct 18
There were 9.03 million international overnight visitors.
Hotels get pricier as high-speed rail delivers more business
29 Oct 18
The low supply of hotel rooms will push prices up.
JW Marriott Hotel Macau and The Ritz-Carlton Macau double down to capture the MICE tourism opportunity in Greater Bay Area
22 Oct 18
Their meeting spaces can be tailored fit for specific event requirements.
45-year-old Excelsior Hotel soon to be an office building
9 Oct 18
The redevelopment will cost Mandarin Oriental about $5.09b in a span of six years.
Tourist arrivals rally 17.4% to 5.89 million in August
1 Oct 18
Sustained influx of Mainland visitors drove tourism levels.
Myanmar offers tourist visas on arrival
1 Oct 18
Visitors can stay in the country for up to 30 days.
Asian cities amongst most visited in the world: study
25 Sep 18
Bangkok topped the list with 20.05 million international tourists in 2017.
Tourist arrivals up 5.7% to 5.46 million in July but shows sign of slowing
4 Sep 18
There was a notable decline in Asian tourist volume particularly in Indonesia and Philippines.
Local hotel market boosted by 1,000 new rooms in H1
21 Aug 18
The completion delay of Ocean Park Marriott would've boosted supply figures more.
Tourism recovery boosts half-year hotel performance
20 Aug 18
Citywide occupancy hit 91% in H1.
Ocean Park hotel set for October launch as part of tourism drive
3 Aug 18
A water park will also be completed by the end of the year.
Hong Kong eyes tie-up with Guangdong and Macau to sustain tourism recovery
3 Aug 18
The move comes amidst threats of the falling yuan and heating trade tensions.
Tourist arrivals up 12.8% to 4.74m in June
2 Aug 18
Rising number of Mainland visitors offset softening tourism from rest of Asia.
Rising oil prices could trigger a 3.2% airfare hike in APAC
25 Jul 18
New Zealand's airfares could rise 7.5%.
Hong Kongers flew internationally five times in past two years
24 Jul 18
This is double the global average of 2.5 trips in the past 24 months.
Tourism zooms into recovery after arrivals rose 8% to 4.95 million visitors in May
2 Jul 18
Visitors from the Mainland hit 3.82 million.
APAC leads global tourism growth by 8% in 1Q 2018
27 Jun 18
SEA and South Asia tourist arrivals rose 10% and 9%, respectively.
Tourist arrivals up 11% to 5.3m in April
8 Jun 18
A continued recovery in Mainland tourism boosted monthly figures.
Hong Kong has the world's 16th most powerful passport
24 May 18
Passport holders can enjoy visa-free access to 169 countries.
Are developers snapping up hotel land to convert into higher yielding offices?
24 May 18
The office sector continues to enjoy heated interest from investors.
Total visitor arrivals up 9.6% to 15.61m in Q1
23 May 18
Ongoing recovery in Mainland tourism buoyed headline figures.
Embattled Hong Kong hotels brighten up on tourism
16 May 18
Declining tourist arrivals almost pushed Henderson Land to exit the Hong Kong hotel scene.
Hong Kong beats Tokyo as priciest business trip location in Asia
18 Apr 18
Expenses cost $3,971 per day (US$508).
Residents can now enjoy visa-free access to Antigua & Barbuda
21 Mar 18
Hong Kongers can visit the country for up to 30 days.

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