Hotels & Tourism

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.
Ocean Park propelled by $30m government boost as Disneyland flounders
28 Feb 18
Finance Secretary Paul Chan pledged the financial assistance to boost the city's tourism.
Hong Kongers can now visit Belarus without a visa
14 Feb 18
However, they can only stay for up to two weeks.
Total visitor arrivals up 4.7% to 5.59m in December
5 Feb 18
The influx of tourists from the Mainland contributed significantly to the year-end figures.
Struggling tourism sector rebounds as visitor arrivals rise 3.2% in 2017
1 Feb 18
This is equivalent to over 58 million tourists.
Hong Kong is the world's 21st most powerful passport
11 Jan 18
Passport holders can enjoy visa-free access to a total of 155 countries.
Asian countries perform strongly in global passport index
11 Jan 18
Singapore is the region’s best-performing passport with visa-free access to 176 countries.
Tourist arrivals up 6.6% to 5.28 million in October
5 Dec 17
Visitors from South Korea and Japan posted the largest growth.
Hotel occupancy rate unchanged at 87% in September
4 Dec 17
The lack of major events may have been the cause of stabilisation.
Exhibition industry contributes $52.9m to 2016 GDP
29 Nov 17
The industry also generated 77,000 jobs in the same period.
Hong Kong remains the world's most visited city
9 Nov 17
The city registered 25.7 million arrivals this year.
Hong Kong bags largest hotel deals in Asia Pacific in Q3
3 Nov 17
11 deals worth US$1.5b have been made so far.
Hong Kong expects 9.24m passengers during festive periods
27 Sep 17
Immigration Department will boost manpower at control points.
More than half of Hong Kongers have over 10 days of annual leave left for this year
21 Aug 17
Their top five holiday travel destinations are Taipei, Osaka, Seoul, Bangkok, and Tokyo.
1 in 2 Hong Kong travellers go solo: survey
7 Aug 17
28% said they needed to be alone.
Check out Hong Kong's pioneering business travel mobile app
13 Jul 17
It aims to provide efficient business-ready travel service based on corporate travel policies.
Hong Kong dominates inbound hotel investment in the first half of 2017
7 Jul 17
Investments into Hong Kong and Australia amounted to US$1.5b altogether.
Are Hong Kong hotels on the road to recovery?
30 Jun 17
Occupancy at medium tariff hotels edged up to 89%.
Number of Hong Kong locals applying for immigration visas up 8.6%
5 May 17
It reached a three-year high.
Why Hong Kong's travel firms are now turning to big data
2 May 17
These companies aim to "personalise" travel experiences.

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