Hong Kong’s Hotel Industry in 2024: A Resilient Rebound in Asia’s World City and What’s Ahead for 2025
Hong Kong’s hotel industry witnessed a strong recovery in 2024, driven by a surge in international arrivals and a robust domestic travel market. Luxury hotels in Central and Tsim Sha Tsui saw high occupancy rates, while boutique accommodations gained traction in emerging districts like Sai Ying Pun. With investments in digital innovation, sustainability, and the revival of cultural and business tourism, Hong Kong’s hospitality sector is set to grow further in 2025 and beyond, reestablishing its status as a premier...