Articles tagged “hong kong”

Cathay Pacific’s Fortune Is Inextricably Tied to Popularity of Hong Kong Tourism

Cathay Pacific’s Fortune Is Inextricably Tied to Popularity of Hong Kong Tourism

Kyunghee Park and Dong Lyu, Bloomberg

Cathay Pacific's crisis illustrates the intricate balance between airlines and tourism marketing.

2 months ago

Hong Kong Disneyland Earnings Drop in Tandem With Tourism Numbers

Hong Kong Disneyland Earnings Drop in Tandem With Tourism Numbers

Associated Press

Disney can afford to play the long game with its partner in Hong Kong. Now it just needs the tourists to play along.

3 months ago

The 20 Most Popular Cities for International Travelers

The 20 Most Popular Cities for International Travelers

Dan Peltier, Skift

There will likely be many changes to this ranking as 2016 numbers are finalized as some of the most-visited cities experienced weaker currencies or violence last year. Keep in mind, however, that some of these cities base their data on airport arrivals who don't actually step foot from the airport and experience the destination.

4 months ago

Disney Deep Dive: The Economics of Hong Kong Disneyland Resort

Disney Deep Dive: The Economics of Hong Kong Disneyland Resort

Dave Montali, Skift

Disney's international parks act as key consumer touch-points that drive brand awareness and cross-monetization of content in new markets. Macroeconomic issues in outbound mainland China tourism have impacted Hong Kong recently, but those pressures are abating and new park expansion projects should stabilize attendance trends.

4 months ago

Asian Tourism Investment Looks Promising Through 2026, But Challenges Loom

Asian Tourism Investment Looks Promising Through 2026, But Challenges Loom

Dan Peltier, Skift

As the world's fastest-growing region for tourism it's a good sign that some Asian countries can expect to see healthy travel and tourism investment during the next 10 years. But a number of factors could alter these projections, particularly the Chinese market, as more global tourism trends are tested in this region.

7 months ago

Cathay Pacific Can’t Find Enough Premium Passengers in Hong Kong

Cathay Pacific Can’t Find Enough Premium Passengers in Hong Kong

Kyunghee Park, Bloomberg

A slump is a good time to make smart investments for the long term, not play musical chairs with executives.

9 months ago

Cathay Pacific Expected to Take Big Loss Over Fuel Hedging Strategy

Cathay Pacific Expected to Take Big Loss Over Fuel Hedging Strategy

Benny Kung and Kyunghee Park, Bloomberg

A few years ago, hedging fuel was a smart strategy. But with fuel pricing dropping, fuel hedging is becoming a liability.

9 months ago

A Drastic Dearth of Mainland Chinese Visitors Hurts Hong Kong’s Retail Businesses

A Drastic Dearth of Mainland Chinese Visitors Hurts Hong Kong’s Retail Businesses

Daniela Wei , Bloomberg

If mainland Chinese visitors aren't shopping in Hong Kong as much anymore, the big question is where are they shopping now? Here's hoping the construction of the Hong Kong–Zhuhai–Macau Bridge will help boost tourism in Hong Kong and neighboring Macau, which has also seen its visitor numbers decline.

11 months ago

Hong Kong Disneyland Cuts Jobs as Mainland Tourism Drops

Hong Kong Disneyland Cuts Jobs as Mainland Tourism Drops

Christopher Palmeri and Rachel Chang, Bloomberg

Hong Kong and mainland China need to hit reset on their tourism relationship.

1 year ago

Hong Kong Expects Slowing Economic Growth as Tourism Slumps

Hong Kong Expects Slowing Economic Growth as Tourism Slumps

Catherine Larkin, Bloomberg

The rise of competitive tourism destinations outside Hong Kong and various social uprisings inside the city are forcing the government to provide new economic incentives to maintain growth in 2016.

1 year ago

Hong Kong Disneyland Lost $19 Million in 2015

Hong Kong Disneyland Lost $19 Million in 2015

Daniela Wei, Bloomberg

Can Iron Man and Star Wars keep the Hong Kong park from disappointing like Euro Disney?

1 year ago

Asia’s Busiest International Airport Has to Wait 10 Years for a New Runway

Asia’s Busiest International Airport Has to Wait 10 Years for a New Runway

Kyunghee Park, Bloomberg

We'll see a shift in influence over the next two decades as hubs in cities like London, Hong Kong, and New York that aren't able to keep up with change are left behind by destinations that can.

2 years ago