Hong Kong's tourism plunges 40 percent

Hong Kong traveler arrivals plunged nearly 40 percentage in August from a 12 months in advance, deepening from July's five-percent fall, the financial secretary stated, as once in a while-violent anti-government protests take a growing toll on the metropolis's tourism, retail and motel businesses. lodges in a few places had visible occupancy charges drop to about half of, at the same time as room quotes plunged 40 to 70 percentage, Paul Chan stated, mentioning enterprise resources. "The most annoying component is that it does now not seem that the street in advance is without problems going to turn any better," Chan said in his blog on Sunday.

July visitor arrivals fell four.8 percent on the yr, in line with the Hong Kong Tourism Board, the primary annual decline on the grounds that January 2018 and the largest percent drop considering that August 2016.