The Greater China Update - 3rd Quarter 2014
By Ciao Liu, PuReaNae Jang and Steven Zhu
While declines in inbound tourism in mainland China abated, mainland Chinese outbound tourism to Hong Kong and Macau slowed. Hong Kong received 13.8 million visitors in the second quarter of 2014, reflecting a 9.6% yearon-year (YOY) growth from the same period in 2013. The single-digit increase in visitor arrivals was mainly attributable to the lacklustre growth in the dominant mainland Chinese market.
While declines in inbound tourism in mainland China abated, mainland Chinese outbound tourism to Hong Kong and Macau slowed. Hong Kong received 13.8 million visitors in the second quarter of 2014, reflecting a 9.6% yearon-year (YOY) growth from the same period in 2013. The single-digit increase in visitor arrivals was mainly attributable to the lacklustre growth in the dominant mainland Chinese market.