Hotel occupancy rates may drop to about 70 percent during the Christmas holidays, compared with 80 percent or more in the same period in the past years, Sky Post reported Thursday, citing industry experts.
As the pro-democracy street protests drag on, hotel room reservations have declined, the report said.
Yiu Si-wing, a lawmaker for the tourism constituency, said the pace has been slowing since mid-October.
Hotel occupancy rate is expected to fall to 70 percent in November from over 80 percent in the past, and below 70 percent in December before it slightly recovers to 70 percent during Christmas holidays, when the normal rate is between 80 and 90 percent, Yiu said.
Some local tour guides say their business is in a critical condition as they have not received any bookings for Christmas.
Travel Industry Council chairman Michael Wu said Hong Kong has been pulled down the list of tour packages that travel agencies promote in favor other destinations such as Thailand, Singapore, Japan and South Korea.
If the Occupy campaign continues for another week or two, Hong Kong would definitely lose its appeal to tourists during the year-end travel period, Wu said.
Sam Lau, chairman of the Tourist Guest Houses Federation of Hong Kong, said the impact of the street protests is less felt among its members, who still feel comfortable with a 70 percent occupancy rate.
Lau said their long-term concern is whether Beijing will decide to further restrict mainlanders from visiting Hong Kong.
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