How Has Tourism Influenced The Economy Of Hong Kong Since 2003

IntroductionIf we analyzed then we come to know that the touristry tenacity is unitary of the primary(prenominal) strong pillars of the economy of Hong Kong. The total tourism expenses relate to inbound tourism go beyond HK$ cytosine meg in 2005. Every visitant arrivals broke one more new establish by 23.36 million, up 7.1% year-on-year. No doubt, visitors from master(prenominal) huge and short haul marketplaces counting the Americas, Europe, Furthermore, Australasia and siemens and Southeast Asian markets picked up powerfully with double-digit expansion. Mainland was still the main basis market with arrivals breaking one more record with more than 12.5 million, raise fairly by 2.4% over a year ago. The cheer enlargement impetus in visitor arrivals continued in January-June 2006 by 12.19 million, an augment of 11.1% compared by the identical period in 2005. Quite a few main tourist attractions hold back been completed counting Hong Kong Disneyland, A chef-doeuvr e of Lights Phase II and the Hong Kong Wetland Park. Ngong Ping 360 will come into do work curtly and jointly with the universal promotional initiatives and events staged by the Hong Kong touristry Board, the viewpoint of the tourism industry of Hong Kong is predictable to sting positive(Legislative council plug-in on commerce and industry, 2004). Accommodation and Length of go on:According to the expert analysis, by end 2005, Hong Kong had 118 hotels, with 43 866 styles. The mediocre occupation rate for 2005 was 86 per cent, a mild neglect of 2 proportion points as compared with 2004. The number of get on nights has in fact risen due to the augment in hotel room provide by some 4 700 rooms or 12% throughout the similar period. In January ? June 2006, the average tenancy rate was 86 per cent. Moreover, the average length of stay of long visitors in 2005 was 3.7 nights. Tourism... If you want to get a full essay, army it on our website: BestEssayCheap.com

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