Hong Kong Tourism Sees Sharp Decline in Visitor Spending
Friday, 1 March 2024, 10:32
Hong Kong Visitor Spending Plunges
Visitor spending in Hong Kong witnessed a steep decline of 37% in 2023, with predictions projecting a return to 2019 levels. The sharp downturn is mainly a result of the strength of the Hong Kong dollar, uncertain economic conditions, and changes in tourists' behavior.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.