Tsim Sha Tsui Faces Challenges: Hong Kong's Hotel and Catering Industries in Decline
Tsim Sha Tsui Sees Decline
Tsim Sha Tsui has become a focal point of concern as Hong Kong's hotel and catering sectors are forecasted to struggle during the Mid-Autumn Festival period. Representatives from both sectors are echoing a gloomy outlook regarding tourism, attributing the decline to a strong Hong Kong dollar, which is making the city less appealing to mainland tourists.
Occupancy Rates and Price Cuts
- Alan Chan Chung-yee, Chief Operations Officer of Miramar Group, confirmed a decrease in business.
- The Tsim Sha Tsui hotel's occupancy rate is around 85%, down from 92.7% last year.
- Room rates slashed by 10-20% to attract customers.
Catering Sector Challenges
Michael Leung Chun-wah, Chairman of the Association for Hong Kong Catering Services Management, explained that traditional restaurants faced a 10-15% slump as patrons opted for spending saving strategies.
- Restaurant prices remained stable this year, unlike previous years.
- The financial climate is impacting overall consumer spending habits.
Tourism and Professional Standards
Annie Fonda, Executive Director of the Travel Industry Council, commented on a recent incident involving a tour guide, stating that maintaining professionalism is essential to reviving tourism after the pandemic. Ensuring a good experience for mainland tourists is a priority, as it shapes perceptions of Hong Kong.
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.