Small and medium-sized publishers and distributors have voiced concerns about their sales prospects at the upcoming annual book fair in Hong Kong.
Industry people pointed to an almost 30 percent decline in revenue at last year’s event, thanks to the increasing prevalence of mobile and online publishing, the Hong Kong Economic Journal reported Tuesday.
The city’s annual book fair, to be held from July 16 to 22, will attract 570 exhibitors from around the globe this year, up 2 percent from a year ago.
The organizer, the Hong Kong Trade Development Council, has anticipated that more visitors will come to the fair this year given a larger scale of the event that will include 330 sessions of cultural activities.
The fair drew 980,000 visitors last year, and 950,000 the year before.
New arrangements will be made this year to allow visitors of the first two days to re-enter the fair venue once if they buy tickets without any concessions.
Exhibitors, however, said such an arrangement will not help sales much. The organizer should instead focus on attracting new groups of visitors, they said.
– Contact us at [email protected]