Hong Kong's Travel Industry Council: Situation Is 'Really Bad'

The video discusses the severe impact of recent events on Hong Kong's travel and tourism industry, comparing it to past crises like SARS. It highlights the decline in tourist arrivals, retail sales, and business travel, and explores potential strategies for recovery. The challenges faced by airlines and the need for promotional efforts to restore confidence are also addressed.

What impact has the depreciation of the renminbi had on shopping trends in Hong Kong?

How have hotel rates in Hong Kong changed recently, and what are the implications for the tourism industry?

What are the current challenges faced by airlines based in Hong Kong?