Gloria Chan of Horwath HTL Hong Kong write the latest Horwath HTL market report on the Hong Kong market.
‘With Hong Kong’s steady hotel performance, there is opportunity to grow supply over the next five years. A major pillar of Hong Kong’s economy, the tourism industry contributed to 4.9% of Hong Kong’s gross domestic product and employed approximately
270,000 people in 2013. That represents 7.2% of the city’s total employment.’