The future of lodging in Hong Kong presents a challenging landscape, marked by various persistent hurdles affecting its recovery in terms of occupancy. Factors such as labour scarcity, escalating energy costs, high travel expenses and mounting geopolitical tensions are expected to endure in the short term.
In the local competitive landscape of lodging, a strategic shift towards increasing control over customers and their data has emerged as a pivotal focus for establishments aiming to foster direct bookings over intermediary channels. This strategic reorientation highlights operators’ drive to cultivate closer relationships with customers, enhance brand loyalty, and optimise revenue streams through direct booking platforms.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Lodging (Destination) industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Lodging (Destination)
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.
See All of Our DefinitionsThis report originates from Passport, our Lodging (Destination) research and analysis database.
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