Hong Kong Tourism Report Q2 2009

Executive Summary ..............................................5
Hong Kong Political SWOT........................................... 6
Hong Kong Economic SWOT......................................... 7
Hong Kong Business Environment SWOT ..................... 8
Market Overview.......9
Tourism Outlook ............... 9
Table: Hong Kong Tourism Industry, 2006-2013 (US$bn unless otherwise stated)... 10
Table: New Hong Kong Arrivals, 2008........................ 11
Hong Kong Travel Industry, 2006-2013 (‘000 people, unless otherwise stated)........ 11
China – Attracting Tourists To Hong Kong ................. 11
Synergies With Macau .... 12
Boosting Arrivals From Japan..................................... 12
Disneyland Hong Kong – Special Focus...................... 13
Tourism Business Environment.........................15
Table: Asia Travel And Tourism Business Environment Ratings ............................... 15
BMI’s Security Ratings ................................................ 16
Table: Asia Pacific Regional Security Ratings............. 16
Table: Asia Pacific State Vulnerability To Terrorism Index ..................................... 17
Composite....................... 17
Regional rank................. 17
Trend.............................. 17
Danger rating................. 17
Regional Security: South East Asia.............................. 17
Monetary And Exchange Rate Policies..............22
Monetary Policy.............. 22
Exchange Rate Policy ..... 24
Table: Hong Kong – Monetary Policy, 2006-2013 ...... 25
Travel .......................26
Commercial Airlines....... 26
Oasis HK Airlines Closes............................................. 27
Quarterly Oil Products Price Outlook ......................... 27
Table: Oil Product Price, 2006-2013 (US$/bbl) .......... 30
Cruises............................ 31
Hospitality ...............33
Accommodation .............. 33
Table: Structure Of Hong Kong’s Accommodation Market, 2006-2013 .................... 33
Table: New Hotel Projects In Hong Kong ................... 34
New Openings................. 34
H5N1 Virus Update ..............................................36
Company Profiles...38
Cathay Pacific Airways................................................ 38
Shangri-La Asia.............. 39
Melco International Development................................ 40
Country Snapshot: Hong Kong Demographic Data ......................................41
Section 1: Population...... 41
Table: Demographic Indicators, 2005-2030................ 41
Table: Rural/Urban Breakdown .................................. 41
Section 2: Education And Healthcare.......................... 41
Table: Education, 2002-2005 ...................................... 41
Table: Vital Statistics, 2005-2030................................ 42
Section 3: Labour Market And Spending Power .......... 42
Table: Employment Indicators, 2001-2006.................. 42
Table: Consumer Expenditure, 2000-2012 (US$) ........ 43
Table: Average Annual Wages, 2005-2012.................. 43
BMI Forecast Modelling......................................44
How We Generate Our Industry Forecasts .................. 44
Tourism Industry............. 44
Tourism Ratings – Methodology .................................. 45
Table: Tourism Business Environment Indicators ....... 46
Table: Weighting of Components................................. 47
Sources ................................ 47