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2019年5月29日 (水)

financial uncertainty

  Hong Kong lodge sector has capacity to carry on to improve inspite of financial uncertainty and manpower lack

  The Hong Kong Inns Affiliation says 2018 was a history calendar year for your sector, largely driven by website visitors from mainland China

  The opening of a number of resorts is expected to offset the lack of the Excelsior in Causeway Bay, which closes in the finish of the thirty day period

  The newly opened Rosewood Hong Kong in Tsim Sha Tsui. photo: Durston Saylor

  provide of hotel beds in Hong Kong will improve by three per cent yearly during the subsequent 3 several years despite the imminent shutdown in the high-end Excelsior lodge and uncertainty encompassing the city’s tourism sector, in accordance into the Hong Kong Hotels Affiliation.

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  The market body explained on Friday that 2018 was a file year for the hotel and hospitality sector, while home prices grew by nine per cent to an average of HK$1,310 per night time and occupancy strike ninety two.05 for each cent, compared with ninety.seventy four for every cent in 2017.

  The availability of beds during the metropolis might be boosted through the opening of recent resorts these since the 413-room Rosewood Hong Kong in Tsim Sha Tsui final week. The 618-room Alva Resort by Royal in Sha Tin and 287-suite K11 ARTUS in Tsim Sha Tsui are also established to open from the second 50 percent of 2019, in accordance towards the association. This will likely offset the lack of the 869 rooms from the Excelsior resort in Causeway Bay, which will near its doors for good on Sunday to produce way for professional redevelopment.

  The Excelsior Hotel in Causeway Bay, which closes with the conclusion of March. photo: Dickson Lee

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  In accordance to Rebecca Kwan Shuk-wah, chairwoman of your Hong Kong Accommodations Affiliation, the growth in these figures was pushed by a rise in vacationer arrivals towards the city.

  “The enhance in holidaymakers was brought about from the opening of recent infrastructure assignments, this sort of as the Hong Kong-Zhuhai-Macau-Bridge and high-speed rail backlink,” mentioned Kwan.

  Mainland Chinese guests generate tourist numbers to file higher of 65.one million

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  Hong Kong’s tourist arrivals rose to a record superior of 65.one million past calendar year, with a progress of 11.4 per cent up on 2017.

  The bulk of these came from mainland China - 51 million visitors from across the border visited the town final calendar year, a rise of 14.8 per cent on 2017,,according to the Tourism Board.

  This comes as the Tourism Board expects 2019 to be a “bumpy and unpredictable” calendar year, with the financial slowdown in China and uncertainty within the world economy.

  Mainland Chinese holidaymakers have driven the tourism boom over the past year. Image: Winson Wong

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  “The hotel marketplace is reliant on tourism,” stated Kwan. “Regardless in the US-China trade war or Brexit, we don’t have a clear picture of what will happen, so this uncertainty will have an impact on the market.”

  The hotel industry also faces growing challenges while in the form of unlicensed accommodation advertised on online platforms this sort of as Airbnb, as well as a labour lack, especially among the younger generation.

  Tourism promotion should be aimed at readers who like Hong Kong just the way it is

  “Unlicensed hotels and guest houses not only raise safety issues, but also affect the overall image on the tourism sector in Hong Kong,” said Kwan.

  According to patrick Kwok Chi-kit, executive director with the Hong Kong Inns Association, the turnover rate for resort employees was around 35 for each cent in 2018 among the association’s member hotels, consisting mostly of frontline staff this sort of as hotel cleaners and receptionists.

  Kwok mentioned that the lodge market would proceed to offer training for younger people to attract them for the market, as well as utilising new technology to improve the efficiency of operating.

  The Hong Kong Resorts Affiliation has a total of 140 members, making up about half of the 300 or so hotels during the metropolis, in accordance to Kwok.

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