Luxury hotels St Regis and Rosewood eye big spenders as tourists flock to Hong Kong

//Luxury hotels St Regis and Rosewood eye big spenders as tourists flock to Hong Kong

Luxury hotels St Regis and Rosewood eye big spenders as tourists flock to Hong Kong

The opening of two upscale hotels in the city in the past month underscores the upbeat outlook for the sector, with the 542 additional rooms and suites expected to be easily absorbed as tourists flock to the city, analysts said. Tourist arrivals rose to 12.4 million in the first two months of the year, up 16.6 per cent from a year earlier, according to the Hong Kong Tourism Board. Occupancy at top hotels rose to 88 per cent in February compared with 86 per cent a year earlier. On Thursday, US…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-04-13T05:45:04+00:00 April 13th, 2019|Business|Comments Off on Luxury hotels St Regis and Rosewood eye big spenders as tourists flock to Hong Kong