The Greater China, Hong Kong & Macau Update - Q2 2013
Hong Kong, which recently ranked 15th in the World Economic Forum Travel & Tourism
Competitiveness Index 2013, received more than 12.7 million visitors in the first quarter of 2013, reflecting a 13.5% yearon-year (YOY) growth from 2012. The Mainland Chinese market accounted for 74.6% of total visitor arrivals, which registered a YOY growth of 20.3%. The Russian market posted the second highest YOY growth of 22.5%, attributable to the Hong Kong Tourism Board's promotional efforts in the country.About HVS
HVS is the world's leading consulting and valuation services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Established in 1980, the company performs more than 4,500 assignments per year for virtually every major industry participant. HVS principals are regarded as the leading professionals in their respective regions of the globe. Through a worldwide network of over 50 offices staffed by 300 experienced industry professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. For further information regarding our expertise and specifics about our services, please visit www.hvs.com.
