Horwath HTL Industry Report: Hong Kong Hotels: Staycation to Long Stay Packages - Can locals fill the gap until inbound travelers return?
Hotels in Hong Kong are struggling to survive without overseas and mainland visitors. Facing a critical period of "life or death", hotels in Hong Kong have to swap its focus into local demand.
This latest report, from the team at Horwath HTL Hong Kong, aims at providing a general understanding of how hotels in Hong Kong are responding to the coronavirus crisis and whether staycation or long stay packages can help hotels to reach breakeven amid the pandemic.
About Horwath HTL
Horwath HTL is focused one hundred percent on hospitality, tourism, and leisure consulting. Our services cover every aspect of hotel real estate investment, tourism, and leisure development. Our clients choose Horwath HTL because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each client project is unique, and they rely on us to utilize the experience we have gained throughout our 100-year history to assist them in achieving their goals. Being a global firm with 52 offices in 40 countries, we have successfully carried out over 40,000 assignments for both public and private clients. As part of the Crowe Global network, a top-ten accounting, and financial services network, Horwath HTL is the number one choice for companies and financial institutions looking to invest and develop in the industry.
For more information, please visit www.horwathhtl.com.
