Budget travel boom in Hong Kong

07/05/2024

Since the outbreak of the Covid-19 pandemic, Hong Kong's tourism industry has faced many challenges, leading to significant changes in tourist travel trends.

Hong Kong’s tourism industry has seen a rapid shift in travel trends. This holiday season, budget-conscious travel is a top priority for Chinese tourists.

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Tourists are spending more cautiously due to economic concerns, prioritizing budget options such as staying in budget hotels, eating at local eateries and participating in free activities.

Industry experts say the change in spending habits of tourists from China is mainly due to the fact that the Chinese economy has not yet fully recovered, so people do not spend as much when traveling as before.

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Hong Kong's tourism trends change after the COVID-19 pandemic

Due to international travel restrictions, Chinese tourists are shifting to domestic travel, boosting tourism within the Hong Kong region. Instead of long trips, Chinese tourists tend to choose short breaks, usually on weekends or short holidays.

These trends are forcing Hong Kong’s tourism industry to adapt to meet new visitor demands. Tourism businesses need to shift to budget travel packages, diversify products and services, and focus on promoting unique destinations and experiences.

In addition, the Hong Kong government is also implementing tourism stimulus measures such as gradually lifting travel restrictions, enhancing international tourism promotion and supporting tourism businesses.

Hong Kong (China) has long attracted tourists thanks to its cultural and shopping advantages. However, recently, these two factors have lost their advantages for the local tourism industry due to China's open-door and tax-reduction policies. This has led to a clear change in the way tourists travel and their spending habits.

Hong Kong’s tourism industry is slowly recovering from the Covid-19 pandemic, but travel trends have changed. Businesses and local governments need to adapt flexibly to meet new tourist needs and attract tourists back to Hong Kong.

Khanh Linh Source: Synthesis
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