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Hong Kong raises its forecast for tourism traffic in 2005
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Author Hong Kong raises its forecast for tourism traffic in 2005
HenryTo
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PostPosted: Thu Mar 17, 2005 7:52 pm    Post subject: Hong Kong raises its forecast for tourism traffic in 2005 Reply with quote

Thursday March 17, 6:15 PM
Hong Kong raises its forecast for tourism traffic in 2005
The Hong Kong Tourism Board said Thursday it expects greater growth in tourist traffic this year, raising its forecast for visitor arrivals for the year to a record 23.41 million, from 22.9 million.

Hong Kong received 21.8 million visitors in 2004, up 40 percent from 2003, when Hong Kong's tourism industry was affected by the SARS outbreak.

"We expect that our promotional activities ... will have a positive impact on 2005 arrivals," HKTB Chairwoman Selina Chow said.

Financial Secretary Henry Tang said in his budget speech Wednesday that he proposed to earmark HK$500 million (US$64.10 million, euro47.86 million) for tourism funding.

HKTB also expects visitor arrivals to reach 27.14 million in 2006, with total tourism expenditure to reach HK$114.7 billion (US$14.70 billion, euro10.98 billion).

"With several new infrastructure projects, including Hong Kong Disneyland, Hong Kong Wetland Park and Tung Chung Cable Car coming on stream, 2006 presents a golden opportunity for Hong Kong to take center stage," said Chow.
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