The Zhitong Finance App learned that the Hong Kong Hotels Association said that during the eight-day Lunar New Year holiday, the overall performance of Hong Kong hotels was outstanding. The overall average occupancy rate of hotel rooms was 93.4%, a slight decrease of 0.4 percentage points from the same period in 2019; the average room rate was HK$1,715, up 6% from 2019. Chairman Wong Chak-fung of the association hopes that the Hong Kong government will strengthen its integration into local regional projects with local cultural characteristics and cooperate in implementing vibrant “day and night fun” activities to attract international and mainland tourists.

Wong Chak-fung said that Hong Kong hotels currently offer more than 90,000 rooms, and the industry is preparing to welcome more individual travelers from overseas and the mainland. He believes the HKSAR Government will make every effort to strengthen arrangements related to reception capacity, including air carrying capacity and imported labor, to support the recovery of the tourism industry.

The Hong Kong Hotels Association expects air capacity to return to pre-pandemic levels by the end of this year.