Occupancy rates at Hong Kong hotels are expected to remain robust during the New Year holidays, but room rates may decline significantly from the same period a year ago, the Hong Kong Economic Journal reported Thursday.
The city’s hotels maintained an overall occupancy rate of over 80 percent during the Christmas holidays, and reservations for the New Year holidays reached a rate of over 90 percent, said Anthony Lau Chun-hon, executive director of the Hong Kong Tourism Board.
The figures are satisfactory given the downtrend in the number of mainland tourists traveling to Hong Kong, Lau said.
The number of mainland tour groups that visited the city during the first 11 months of the year slid 20 percent from a year earlier amid weaker economic growth in the mainland, a strong Hong Kong dollar and tighter competition from rival destinations in the region, said Jason Wong Chun-tat, chairman of the Travel Industry Council of Hong Kong.
Wong said the council is studying the possibility of establishing a benchmark for fees for group tours in an effort to rein in malpractices in the industry — such as visitors on underpriced tours being forced to shop at stores that pay commissions to the tour guides.
– Contact us at [email protected]