{"id":99312,"date":"2018-10-07T07:33:53","date_gmt":"2018-10-07T00:33:53","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hotel-industry-toasts-bumper-national-day-fuelled-by-free-spending-mainlanders\/"},"modified":"2018-10-07T08:03:27","modified_gmt":"2018-10-07T01:03:27","slug":"hong-kong-hotel-industry-toasts-bumper-national-day-fuelled-by-free-spending-mainlanders","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hotel-industry-toasts-bumper-national-day-fuelled-by-free-spending-mainlanders\/","title":{"rendered":"Hong Kong hotel industry toasts bumper National Day, fuelled by free-spending mainlanders"},"content":{"rendered":"


\nMainland tourists were willing to pay close to quadruple the normal rate for a hotel room in Hong Kong during the National Day \u201cgolden week\u201d holiday, as the newly opened high-speed train link to the city created a sudden surge in last-minute bookings.
\nThe new connection drastically cuts train travel times to Hong Kong from sites in neighbouring Guangdong province, and further afield.
\nIt now just takes 40 minutes to Hong Kong from Guangzhou on the high-speed line, compared with three…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong hotel industry toasts bumper National Day, fuelled by free-spending mainlanders<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mainland tourists were willing to pay close to quadruple the normal rate for a hotel...<\/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-99312","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-pPO","jetpack-related-posts":[{"id":30435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainlanders-snap-up-hong-kong-luxury-homes-as-china-tightens-market-restrictions\/","url_meta":{"origin":99312,"position":0},"title":"Mainlanders snap up Hong Kong luxury homes as China tightens market restrictions","date":"October 18, 2016","format":false,"excerpt":"\r The pace at which mainland capital is flowing into Hong Kong\u2019s luxury residential market has increased after more Chinese cities introduced or tightened curbs on house buying, according to industry experts. For the first two weeks of this month, realtors said about 30 per cent of Hong Kong\u2019s new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21580,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-banking-expats-leaving-who-will-rent-hong-kong-luxury-apartments\/","url_meta":{"origin":99312,"position":1},"title":"With banking expats leaving, who will rent Hong Kong luxury apartments?","date":"August 1, 2016","format":false,"excerpt":"\r Wealthy professionals and entrepreneurs are seeping from mainland China into Hong Kong\u2019s high-end residences Victoria Harbour, Hong Kong. Image credit: akwan.architect (Flickr) Now that expatriates are coming in with far less meaty housing budgets, Chinese mainlanders are turning out to be a recourse for the prime Hong Kong residential\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140588,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-now-is-the-best-time-to-buy-hong-kong-property-in-15-years\/","url_meta":{"origin":99312,"position":2},"title":"Why now is the best time to buy Hong Kong property in 15 years","date":"December 5, 2023","format":false,"excerpt":"\r Property prices are down and long-term demand is healthy as the Greater Bay Area develops and more mainlanders settle in Hong Kong. Residents with long-term plans can purchase property now without too much competition from overseas investors.\r \r Source : South China Morning Post\r Read more...Why now is the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83365,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-seven-in-hong-kong-is-a-millionaire-as-property-and-stock-market-rallies-boost-wealth\/","url_meta":{"origin":99312,"position":3},"title":"One in seven in Hong Kong is a millionaire as property and stock market rallies boost wealth\u00a0","date":"March 22, 2018","format":false,"excerpt":"\r Hong Kong had a million millionaires last year, up 15 per cent from a year earlier, 68,000 of whom have at least HK$10 million (US$1.27 million), according to a Citibank study released on Thursday.\u00a0 The study defines millionaires as those with liquid assets \u2013 deposits, mutual funds and stocks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47959,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/concerns-amid-disconnect-as-hong-kong-home-prices-rise-in-lock-step-with-us-rates\/","url_meta":{"origin":99312,"position":4},"title":"Concerns amid \u2018disconnect\u2019 as Hong Kong home prices rise in lock step with US rates","date":"March 14, 2017","format":false,"excerpt":"\r Hong Kong residential property prices appear at a disconnect with the uptrending cycle of US interest rates, thanks to strong local buying interest and rising demand from mainlanders seeking to hedge gainst yuan depreciation. Home prices surged to a new time high of 148.67 for the week ended March\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-office-property-landlords-race-to-sell-as-mainland-buyers-push-up-prices\/","url_meta":{"origin":99312,"position":5},"title":"Hong Kong office property landlords race to sell as mainland buyers push up prices","date":"September 27, 2016","format":false,"excerpt":"\r Landlords of office properties in some of Hong Kong\u2019s less upmarket areas are rushing to dispose of their assets in a bid to take advantage of a buying frenzy by mainlanders, according to agents. International property consultant CBRE said it has been appointed as the joint agent for the\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\/99312"}],"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=99312"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99312\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}