• Latest
  • Trending

Hong Kong Offers Half A Million Free Flights To Boost Tourist Economy

December 10, 2022

Shania Twain, 57, Seen In Very Rare Photos With Husband As She Rolls Her Own Bag At Airport

January 4, 2023

Kelly Osbourne’s Son’s Name Is Revealed By Mom Sharon As She Returns To TV After Hospitalization

January 4, 2023

Nastia Liukin’s ‘Mental Toughness’ From The Olympics ‘Snapped’ Back During ‘Special Forces’ (Exclusive)

January 4, 2023

Chris Evans Calls Jeremy Renner ‘Tough As Nails’ After Snow Plow Accident: ‘Love You Buddy’

January 4, 2023

Keke Palmer Cradles Her Baby Bump In Strapless Swimsuit On Babymoon With Darius Jackson: Photos

January 4, 2023

Jinny Ng Reveals Why She Scolds Her Husband

January 4, 2023

Lee Seung Gi Will Not Back Down from Contractual Dispute

January 4, 2023

It’s Hard Out There for Artists: Talking About Musicians & Mental Health

January 4, 2023

Prince William Is Reportedly Too ‘Nervous’ to Talk to Prince Harry: ‘They’re Done’

January 4, 2023

Jenna Ortega Debuted a Wolf Cut Bob in a Dress Wednesday Addams Would Love—See Pics

January 4, 2023

Rihanna Just Shared the First Look at Her Baby Son’s Face and He Couldn’t Be Cuter—Watch the Video

January 4, 2023

Simone Biles and Jonathan Owens’s Relationship: A Complete Timeline

January 4, 2023
Retail
Wednesday, May 31, 2023
Submit/Manage Your own Posts
  • Login
  • Register
  • Tech
  • Science
  • Entertainment
  • Sport
  • Health
  • Lifestyle
  • World
  • Celebrities
  • Sports
No Result
View All Result
Live24x7.news
No Result
View All Result

Hong Kong Offers Half A Million Free Flights To Boost Tourist Economy

by admin
December 10, 2022
in Entertainment
0

YOU MAY ALSO LIKE

Shania Twain, 57, Seen In Very Rare Photos With Husband As She Rolls Her Own Bag At Airport

Kelly Osbourne’s Son’s Name Is Revealed By Mom Sharon As She Returns To TV After Hospitalization

What Happened: Hong Kong has just announced a 500,000 airline ticket giveaway — estimated to be worth HK$2 billion ($254.8 million) — in an attempt to boost its battered tourism industry. Once an Asian mecca for travel and shopping, Hong Kong’s visitor numbers and visitor economy have been decimated after years of political protests, topped off by 2.5 years of strict COVID-19 international travel restrictions. 

In the last few weeks, the government dropped inbound quarantine requirements for a 0+3 policy (which requires no quarantine but tests and monitoring) in a bid to stimulate the city with returnees. In addition, the city has earmarked about HK$100 million ($12.7 million) to attract visitors from around the world, focusing first on those from Southeast Asia taking short-haul flights. This ticket giveaway is the next big step toward recovery and will start in 2023 once the government removes all remaining travel restrictions.

The Jing Take: The announcement is certainly exciting many travelers. Tickets will be distributed by Hong Kong’s airport authority and will include outbound as well as inbound flights in arrangement with airline companies. The tickets were actually purchased from Cathay Pacific and Hong Kong airlines in 2020 by the local airport authority as a pre-emptive measure to boost tourism once restrictions eased.

That said, there are no expectations of a “V” shaped rebound for the city’s tourism, with Hong Kong Tourism Board’s (HKTB) executive director expressing as much. The HKTB has been on a PR blitz since quarantine restrictions ended with the launch of its “360 Hong Kong Moments” campaign, highlighting tried-and-tested attractions with a focus on the territory’s natural beauties as well as new cultural sites such as the Hong Kong Palace Museum. 

The city’s luxury and retail markets can breathe a sigh of relief, as the flight giveaway will likely bring a boost to languishing businesses in 2023. And there’s already been signs of preparations for this with investments pouring into the Asian hub once again; Harbour City mall opened 70 stores, including Dior, Casa Loewe, Piaget and Van Cleef & Arpels, in the first three quarters of 2022 alone. By the end of the year, the mall says that 100 new stores will have opened on their property. 

Mainland Chinese tourism, which previously contributed to a significant part of the visitor economy, is unlikely to return to pre-protest or pre-pandemic levels due to ongoing quarantine restrictions there. Moreover, key flight routes have been dramatically reduced, and others such as Virgin Atlantic’s London-Hong Kong flight have been canceled entirely. Though Hong Kong tourism is on its way to some kind of recovery, all sectors are waiting with bated breath on news of changes to the mainland’s travel policies which would really provide critical stimulation for the economy.

The Jing Take reports on a piece of the leading news and presents our editorial team’s analysis of the key implications for the luxury industry. In the recurring column, we analyze everything from product drops and mergers to heated debate sprouting on Chinese social media.

Read More
Photo Credit:

Tags: MILLIONoffers
ShareTweetShare
  • Tech
  • Science
  • Entertainment
  • Sport
  • Health
  • Lifestyle
  • World
  • Celebrities
  • Sports
Email:live24x7.news.official@gmail.com Call/Whatsapp us: +91 9961702230

© 2022 Live24x7.news

No Result
View All Result
  • Tech
  • Science
  • Entertainment
  • Sport
  • Health
  • Lifestyle
  • World
  • Celebrities
  • Sports

© 2022 Live24x7.news

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In