, Hong Kong
/Sean Choo on Unsplash

Gov’t opens application for subsidy scheme on offering youth hostels

It will assist NGOs to rent hotel and guesthouse accommodation.

The subsidy scheme for NGOs to rent hotel and guesthouse rooms to be used as youth hostels, the government said.

In a statement, the financial aid will cover NGOs’ costs for renting hotels, which will make minor improvements or furnishings, purchasing equipment, and providing value-added and community services to tenants.

It looks to increase supply of the segment by 3,000 within the next five years. 

Hotels and guesthouses that are interested in participating in the scheme can register with the government, and NGOs can apply for funding to rent rooms from the list of eligible participating hotels and guesthouses.

As for the amount, it will still depend on location and size of rooms, provision of communal facilities, and accessibility of the hotel or guesthouse.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


‘Wall-less’ office tears down barriers to collaboration amongst AnyMind’s creatives
The office opens up for employees to collaborate, relax, feed off one another’s energy, and enjoy ‘happy hour’ and ‘mental space.’
Auction houses thrive on Asian millennials’ art-buying power
Millennials are seen to be particularly drawn to contemporary art as growth for Christie’s, Sotheby’s, and Phillips are highly anticipated in art hubs Hong Kong and Singapore.
Hong Kong’s livi bank launches game-changing app for SMEs
Going fully digital on opening accounts and approving quick loans to SMEs raises ‘livi Business’ disbursements to over HK$70m (US$8.9m) as of end-April.