{"id":113443,"date":"2020-01-07T07:15:10","date_gmt":"2020-01-07T00:15:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hotels-target-staycations-as-the-citys-tourism-industry-endures-its-worst-slump-since-sars\/"},"modified":"2020-01-07T08:03:13","modified_gmt":"2020-01-07T01:03:13","slug":"hong-kong-hotels-target-staycations-as-the-citys-tourism-industry-endures-its-worst-slump-since-sars","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hotels-target-staycations-as-the-citys-tourism-industry-endures-its-worst-slump-since-sars\/","title":{"rendered":"Hong Kong hotels target staycations as the city\u2019s tourism industry endures its worst slump since Sars"},"content":{"rendered":"


\nHong Kong\u2019s hotel operators are looking at news ways to beat seven months of downturn, including tapping the staycation market with hard to resist discount package deals.Far East Consortium International, which operates nine hotels comprising 2,867 hotel rooms in Hong Kong, is among those pursuing staycationers.\u201cWe felt the impact after October as mainland tourist arrivals dropped a lot,\u201d said Winnie Chiu, executive director of Far East, adding that mainland tourists account for about 50 per\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong hotels target staycations as the city\u2019s tourism industry endures its worst slump since Sars<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s hotel operators are looking at news ways to beat seven months of downturn,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-113443","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tvJ","jetpack-related-posts":[{"id":126946,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-real-estate-owners-seek-alternative-uses-for-retail-complexes-and-hotels-amid-tourism-slump\/","url_meta":{"origin":113443,"position":0},"title":"Hong Kong real estate owners seek alternative uses for retail complexes and hotels amid tourism slump","date":"June 7, 2022","format":false,"excerpt":"\r Hong Kong\u2019s retail landlords and hotel owners, unable to bear the losses from an enduring tourism slump, apply to the Town Planning Board to convert their properties for alternative purposes such as cafes and housing.\r \r Source : South China Morning Post\r Read more...Hong Kong real estate owners seek\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/owners-of-hong-kong-hotels-see-greater-value-in-converting-them-into-office-complexes\/","url_meta":{"origin":113443,"position":1},"title":"Owners of Hong Kong hotels see greater value in converting them into office complexes","date":"January 10, 2018","format":false,"excerpt":"\r Hong Kong\u2019s tourism industry may be on the upswing after a three-year downturn as more tourists visit from the mainland, but this has not stopped hotel owners toying with the idea of converting them into office complexes amid strong demand and the prospect of bigger profit. The 317-room Grand\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125595,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-snap-up-hong-kong-hotels-for-conversion-to-long-term-leasing-student-accommodation-as-tourism-industry-remains-in-doldrums\/","url_meta":{"origin":113443,"position":2},"title":"Investors snap up Hong Kong hotels for conversion to long-term leasing, student accommodation as tourism industry remains in doldrums","date":"March 22, 2022","format":false,"excerpt":"\r International funds and local investors are snapping up hotels in Hong Kong with the intention of converting them for long-term leasing and student accommodation as the outlook for the city\u2019s tourism industry remains uncertain.In the past, hotel owners were reluctant to offer their properties for sale as millions of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hoteliers-cautious-about-openings-even-as-third-coronavirus-wave-eases-and-staycations-rise-during-golden-week\/","url_meta":{"origin":113443,"position":3},"title":"Hong Kong hoteliers cautious about openings even as third coronavirus wave eases and staycations rise during \u2018golden week\u2019","date":"October 7, 2020","format":false,"excerpt":"\r Hong Kong\u2019s third coronavirus wave might have eased and local demand might have risen during the recent public holiday, but the city\u2019s hotel operators are not taking any chances and remain cautious in what is still a challenging market.Some have opened their properties after delays, while others have postponed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113078,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-hong-kongs-largest-developer-says-situation-sars-like-with-hotels-revenue-down-by-50-per-cent\/","url_meta":{"origin":113443,"position":4},"title":"Sun Hung Kai Properties, Hong Kong\u2019s largest developer, says situation \u2018Sars-like\u2019 with hotels revenue down by 50 per cent","date":"December 16, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s biggest developer by value, said revenue at its hotels division had plummeted by up to half in November and December, as the city\u2019s tourism industry struggled to stay afloat amid seven months of anti-government protests and the US-China trade war.Revenue per available room\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-loss-making-hotels-seek-complete-rates-exemption-as-coronavirus-crushes-tourism-industry\/","url_meta":{"origin":113443,"position":5},"title":"Hong Kong\u2019s loss-making hotels seek complete rates exemption as coronavirus crushes tourism industry","date":"July 29, 2020","format":false,"excerpt":"\r Hong Kong\u2019s beleaguered hotel owners are pressing the government to waive rates for the next three quarters up to March, pointing out that they are running at a loss because of the coronavirus outbreak that has seen tourist numbers to the city plummet nearly 100 per cent.The Federation of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113443"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=113443"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113443\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}