Hong Kong Tourism Q4 2018
The outlook for the Hong Kong tourism market is positive with strong growth trends on the five-year horizon. We havemade a series of positive forecast revisions in the latest Q418 Hong Kong tourism report to account for the stronger than expectedgrowth rates in the first six months of 2018. A confluence of factors will support international arrival and tourism receipt growth outto 2022. Firstly, Hong Kong enjoys a strong reputation as a regional tourism hub and benefits from mainland China as its vital sourcemarket. Furthermore, additional drivers supporting the industry will include rising regional spending powers, growing demand forinternational travel, increasing low-cost air connections and the allure of Hong Kong as a major regional shopping, retail andentertainment hub.
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