Hong Kong Tourism Q3 2018
We have made a series of positive forecast revisions in the Q318 forecast update and retain the view that the market willcontinue to track upwards in a healthy fashion. Hong Kong has a well-developed and reputable tourism industry in the heart of therapidly evolving and highly competitive Asia Pacific region. Hong Kong depends primarily on mainland China visitors for its tourismmarket and these trends are likely to continue out to 2022 and beyond. Primary drivers of growth will be greater numbers of visitorsfrom mainland China, improving demand and rising spending powers in other source markets and Hong Kong’s strong reputation asa regional shopping, retail and recreational hub.
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