Hong Kong Tourism Promotion Association: During the May Day Golden Week, the overall occupancy rate of Hong Kong hotels reached ninety percent.
According to the Wisdom Financial APP, Mr. Tuen Ting-bong, the Executive Director of the Hong Kong Tourism Board, stated on a radio program that during the Golden Week, the overall occupancy rate of small to large hotels in Hong Kong reached 90%, with room rates increasing only slightly by about 10% compared to previous long holidays. It is reported that half of the guests stayed for one night or more, with the former mainly being short-haul travelers with multiple stops. Tuen Ting-bong pointed out that due to the convenient transportation in the Greater Bay Area, many short-haul travelers from the mainland decide to stay in Hong Kong for the night after arriving, or return to Shenzhen or Zhuhai for the night. As a result, Hong Kong hotels have been relatively restrained in pricing to avoid losing customers due to high prices.
Latest

