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Hong Kong Tourism Report Q2 2016

  • February 2016
  • -
  • Business Monitor International
  • -
  • 32 pages

Includes 3 FREE quarterly updates

BMI View: The tourism industry is very well established in Hong Kong. Supporting infrastructure,including transport networks, hotels and restaurants and retail and leisure facilities are all very welldeveloped and continue to attract significant investment. Arrivals have grown strongly in recent years,benefiting from Hong Kong's position as a major travel and business hub. However, we are now seeing aslowdown in inbound travel from key market China which will depress overall growth rates. Regardless,Hong Kong will remain one of the most popular global tourism destinations throughout the five yearforecast period to 2020.

Key Updates And Forecasts

-As the Hong Kong dollar strengthens against the yuan and becomes a more expensive holiday destinationfor visitors from main market China, we are seeing a downturn in the number of travellers from themainland which is depressing the overall growth rate. As such arrivals are now expected to grow by anaverage of 4% annually between 2016 and 2020.

Table Of Contents

Hong Kong Tourism Report Q2 2016
BMI Industry View 5
Table: Key Forecasts (Hong Kong 2013-2020) 5
SWOT 7
Tourism 7
Industry Forecast 9
Table: Inbound Tourism (Hong Kong 2013-2020) 13
Table: Tourism Receipts (Hong Kong 2013-2020) 14
Table: Hotel Accommodation (Hong Kong 2013-2020) 16
Table: Tourist Departures and Consumption (Hong Kong 2013-2020) 17
Industry Risk/Reward Index 18
Table: Asia Tourism Risk/Reward Index 18
Rewards 19
Risks 19
Market Overview 21
Competitive Landscape 26
Domestic Hotel Groups 26
Table: Domestic Hotels 26
International Hotel Groups 27
Table: International Hotel Groups 27
Methodology 29
Industry Forecast Methodology 29
Risk/Reward Index Methodology 30
Table: Weighting Of Indicators 32

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