Travel and Tourism in Hong Kong to 2019

Travel and Tourism in Hong Kong to 2019

Code: CAN-TT0255MR | Published: Oct-2015 | Pages: 112 | Canadean
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Hong Kongs domestic travel market is considerably smaller than the outbound market as there is a lack of local recreational activities, which encourages residents to take holidays outside the country. Driven by promotional efforts, international arrivals registered strong growth at a CAGR of 8.4% during 2010-2014. Leisure is the main purpose of travel for inbound tourists.

Key Findings
- Hong Kongs travel and tourism sector performed well during the historic period (2009-2014), supported by a rise in both domestic and inbound trips. International arrivals to the country increased at a compound annual growth rate (CAGR) of 10.41%, with total inbound tourist expenditure rising at a historic period CAGR of 7.91%. The main factors for growth were government efforts to promote the countrys travel and tourism sector on an international level. Furthermore, following Chinas tourism promotion in Hong Kong, overall departures reached 31 million, with China being the top destination market, and accounting for 74.4% of the total outbound trips in 2014

- Hong Kong Airlines has launched an in-flight service in 2015 called "Sweeten You Up". This service includes different packages for occasions such as marriage proposals, anniversaries, and birthdays. Through this service, the passenger can celebrate the occasion while onboard by making a preliminary booking for the particular service required. For the promotion of this service, the airline has launched a separate website and also made this facility available on its mobile application

- Overall, Macao registered a decline in arrivals by 3.5% during the first seven months in 2015, so in order to attract more tourists from Hong Kong, the Tourist Office of the Macao Special Administrative Region (SAR) launched an "Experience Macao Carnival" road show in Hong Kong. This road show was held in order to promote events such as the Macao Grand Prix and "Parade through Macao, Latin City", which is a cultural event conducted annually by the Cultural Affairs Bureau

Synopsis
Canadeans report - Travel and Tourism in Hong Kong to 2019 provides detailed information on the countrys tourism sector, analyzing market data and providing insights. This report provides a better understanding of tourism flows, expenditure, and the airline, hotel, car rental, and travel intermediaries industries.

What else does this report offer?

- Historic and forecast tourist volumes covering the entire Hong Kong Travel and Tourism sector

- Detailed analysis of tourist spending patterns for various categories, such as accommodation, sightseeing entertainment, foodservice, transportation, retail, travel intermediaries, and others

- Analysis of trips by purpose and mode of transport, and expenditure across various categories including domestic, inbound, and outbound tourism, with analysis using similar metrics

- Analysis of the airline, hotel, car rental, and travel intermediaries industries by customer type - leisure and business travelers

Reasons To Buy
- Make strategic business decisions using historic and forecast market data related to Hong Kongs Travel and Tourism sector

- Understand the demand-side dynamics within the industry to identify key market trends and growth opportunities

- Direct promotional efforts on the most promising markets by identifying key source and destination countries


Table of Contents

Executive Summary
Introduction
Travel and Tourism Sector in Context
Domestic Tourism
Market summary and key developments in Hong Kong domestic tourism market
Historical and projected figures for domestic trips and domestic expenditure in Hong Kong
Domestic trips-trips by purpose of visit and by season, average length of trip and overnight stays
Inbound Tourism
Market summary and key developments in Hong Kong inbound tourism market
Historical and projected figures for inbound trips and inbound expenditure in Hong Kong
Tourist arrivals from top 10 countries to Hong Kong
Inbound trips-trips by purpose of visit and mode of transport
Inbound trips-average length of trip and overnight stays
Outbound Tourism
Market summary and key developments in Hong Kong outbound tourism market
Historical and projected figures for outbound trips and outbound expenditure in Hong Kong
Tourist departures to top 10 countries from Hong Kong
Outbound trips-trips by purpose of visit and mode of transport
Outbound trips-average length of trip and overnight stays
Airlines
Market summary and key developments in Hong Kong airlines industry
Revenues and seats sold in Hong Kong airlines market
Low cost airlines in Hong Kong-seats available, seats sold and load factor
Low cost airlines in Hong Kong-total revenue and revenue per customer
Low cost airlines in Hong Kong-revenue generating passenger kilometers versus kilometers available
Full service airlines in Hong Kong-seats available, seats sold and load factor
Full service airlines in Hong Kong-total revenue and revenue per customer
Full service airlines in Hong Kong-revenue generating passenger kilometers versus kilometers available
Charter airlines in Hong Kong-seats available, seats sold and load factor
Charter airlines in Hong Kong-total revenue and revenue per customer
Charter airlines in Hong Kong-revenue generating passenger kilometers versus kilometers available
Competitive landscape
Hotels
Market summary and key developments in Hong Kong hotel industry
Revenues, room nights available and revenue per available room in Hong Kong hotel industry
Hotel establishments by category and available hotel rooms by category in Hong Kong
Budget hotels in Hong Kong-revenues, room occupancy rates, room nights available and room nights occupied
Budget hotels in Hong Kong-revenue per available room and revenue per occupied room
Budget hotels in Hong Kong-revenue by customer type and guests by customer type
Midscale hotels-revenues, room occupancy rates, room nights available and room nights occupied
Midscale hotels in Hong Kong-revenue per available room and revenue per occupied room
Midscale hotels in Hong Kong-revenue by customer type and guests by customer type
Upscale hotels in Hong Kong-revenues, room occupancy rates, room nights available and room nights occupied
Upscale hotels in Hong Kong-revenue per available room and revenue per occupied room
Upscale hotels in Hong Kong-revenue by customer type and guests by customer type
Luxury hotels in Hong Kong-revenues, room occupancy rates, room nights available and room nights occupied
Luxury hotels in Hong Kong-revenue per available room and revenue per occupied room
Luxury hotels in Hong Kong-revenue by customer type and guests by customer type
Competitive Landscape
Car Rental
Market value of car rental industry in Hong Kong
Car rental value in Hong Kong by rental type and location, and average revenue per day
Car rental in Hong Kong-fleet size, rental days and market utilization rate
Travel Intermediaries
Market value of travel intermediaries industry in Hong Kong
Travel intermediaries online revenues and in-store revenues by provider
Airport Profiles
Market Data
Domestic tourism
Inbound tourism
Outbound tourism
Airlines
Hotels
Car rental
Travel intermediaries
Tourism output
Tourism employment
Appendix
Travel and tourism sector definitions
Dorsett Hospitality International Limited
Harbour Plaza Hotel Management
Marriott International Inc.
Intercontinental Hotels Group
Regal Hotels International
Sino Group of Hotels
Accor hotels
HK CTS Hotels Co.Ltd
Wyndham Hotel Group LLC
Langham Hotels International Limited
Cathay Pacific
Hong Kong Airlines
China Airlines
China Eastern Airlines
Thai Airways
Singapore Airlines

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