| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2019 - 2023 |
| CAGR | 5.70 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Hospitality in Hong Kong 乐鱼体育官网 Analysis
The Hospitality Industry in Hong Kong 乐鱼体育官网 is expected to register a CAGR of greater than 5.7% during the forecast period.
Hospitality in Hong Kong 乐鱼体育官网 Trends
The Competition between Domestically Grown and International Brands is Influencing the Supply Dynamics
The hospitality industry in Hong Kong is a combination of domestically grown brands and chain hotels and international brands and their chain hotels. According to the latest release by the Home Affairs Department of Hong Kong, the country has 299 registered hotels that belong to different hotel brands and 乐鱼体育官网 segments constituting 186 chain hotel properties that are spread across the country. The international brands and their chain hotels are occupying 57% of the total hotel properties whereas the domestically grown hotels constitute for 43% of the total hotel properties. Though the domestically grown brands and their hotel chains are occupying less share of the 乐鱼体育官网 in terms of total hotel properties, they are adding a high number to the total rooms/keys to the supply.
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The Mid- and Upper Mid-scale Segment Hotels are Dominating the 乐鱼体育官网
The Mid and Upper Mid-scale hotel segment is dominating the 乐鱼体育官网 with around 79% of total registered hotels belongs to that category followed by approximately 18% of luxury hotels. The budget and economy segment hotels constitute just 0.1% of the total indicating the negligible demand for them. Though most chains of both international and domestic brands are less focusing on the budget and economy segment, the segment is largely covered by the individual hotel properties.
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Hospitality in Hong Kong Industry Overview
The chain hotels are dominating the hotel 乐鱼体育官网 in terms of total room/keys supply and account for around 73% of total supply and the domestically grown brands are dominating the overall supply. Harbour Plaza and Regal Hotels International account for largest supply of total rooms/keys with 11 and 9 hotels, and around 7,500 and 4,900 rooms/keys respectively. Marriott International and IHG are the leading international brands with high presence rate in Hong Kong as Marriott has 9 hotels and around 4,500 rooms/keys and IHG has 12 hotels and around 3,700 rooms/keys.
Hospitality in Hong Kong 乐鱼体育官网 Leaders
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Harbour Plaza Hotel Management Limited
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Regal Hotels International
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Marriott International Inc
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InterContental Hotel Group
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Dorsett Hospitality International
- *Disclaimer: Major Players sorted in no particular order
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Hospitality in Hong Kong Industry Segmentation
A complete background analysis of the Hospitality Industry in Hong Kong, which includes an assessment of the industry associations, overall economy, and emerging 乐鱼体育官网 trends by segments, significant changes in the 乐鱼体育官网 dynamics, and 乐鱼体育官网 overview is covered in the report.
| By Type | Chain Hotels |
| Independent Hotels | |
| By Segment | Service Apartments |
| Budget and Economy Hotels | |
| Mid and Upper Mid Scale Hotels | |
| Luxury Hotels |
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Hospitality in Hong Kong 乐鱼体育官网 Research FAQs
What is the current Hong Kong Hospitality 乐鱼体育官网 size?
The Hong Kong Hospitality 乐鱼体育官网 is projected to register a CAGR of greater than 5.7% during the forecast period (2025-2030)
Who are the key players in Hong Kong Hospitality 乐鱼体育官网?
Harbour Plaza Hotel Management Limited, Regal Hotels International, Marriott International Inc, InterContental Hotel Group and Dorsett Hospitality International are the major companies operating in the Hong Kong Hospitality 乐鱼体育官网.
What years does this Hong Kong Hospitality 乐鱼体育官网 cover?
The report covers the Hong Kong Hospitality 乐鱼体育官网 historical 乐鱼体育官网 size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Hong Kong Hospitality 乐鱼体育官网 size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Hospitality in Hong Kong Industry Report
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