Hong Kong Tourism

Financial services, Trading & Logistics, Tourism and Producer & Professional function are the four main pillars for HongKong Economy, and Tourism has been contributed 17.1% of HongKongs GDP in 2006. In this report, we narrow our analysis into 6 key vendors in the industry, which are Aviation, Hospitality, highroad Transportation, Theme Park, Exhibition and Insurance. Aviation HongKong is one of the ball-shaped aviation hubs and its airport, HKIA, has provided a platform for 85 airlines servicing 5,800 weekly flights between HongKong and about 150 cities worldwide2. It plays an important role for external trade and directs jobs attribution as well as the multiplier factor effect upon other industries throughout the economy. Cathay Pacific Airways peculiar(a) (CX) and HongKong Dragon Airlines (KA) are the two major HK-based airlines which has his market plowshare with 33.89% and 14.60% respectively14. Hospitality Hospitality is another the key sectors in the industry for scotch contribution. As the statistics report conducted by HKTB in 2008, Hotel Bills has been contributed 21.7% of the expense of the all-night Travelers. As of 2008, there were in total 149 hotels in HongKong providing 60,273 means classified as uplifted Tariff A (16%), naughty Tariff B (32%), Medium Tariff (44%) and Unclassified (8%)14.

High Tariff B hotels take hold traditionally been more favourite among Leisure Travelers and Mainland Chinese, which Regal Hotels International and Harbour Plaza Hotel & Resorts have been providing 3552 and 3495 rooms respectively as of September 200914. Road Transportation Road Transport is a necessity for every single journey. It brings tourists in and out of their destinations or different attractions. The Mass Transit railway Corporation (MTR) and The Kowloon Motor Bus Company (KMB) are the major two companies in this area. The MTR network comprises 9 different lines, as well as Light Rail, serving around HongKong. It carries an averaged 3.7... If you fate to get a full essay, order it on our website: Ordercustompaper.com

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