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  • November 28, 2014
  • Last updated: 5:01pm
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  1. Property - Hong Kong & China - TOURISM

    Plateauing of mainland China visitor numbers hits Hong Kong hotels

    Posted May 13th 2014, 03:28pm by Yvonne Liu

    ... by fall in visitors from mainland Last year's double-digit percentage growth in the number of mainland tourists had a limited impact on the hospitality industry. However, the decrease ... But Immigration Department figures show the number of mainland tourists dropped 1.5 per cent year on year during the three-day national holiday. It is the first time those visitors decreased during ...

  2. Property - Hong Kong & China - RETAIL

    Mainland Chinese's declining spending hits rents for Hong Kong's street-level shops

    Posted May 29th 2013, 12:00am by Sandy Li

    ... hits shop rents Rents for street-front shops in prime locations are plunging as tenants and landlords adjust to a fall in mainland visitors that has triggered a slowdown in the growth of retail ... and Beijing's campaign to curb extravagant spending by officials cut into spending by mainland visitors. "For the past several years, the aggressive opening of new jewellery and luxury watch stores ...

  3. Property - Hong Kong & China - RETAIL

    Hong Kong retail rent growth seen at 5pc this year, says consultancy

    Posted May 01st 2013, 12:00am by Peggy Sito

    ... quarter, and prompted an increasing number of them to expand and open new outlets on fringe streets with lower rents. Jones Lang LaSalle says more and more visitors are opting for a "day trip" visit to new and emerging shopping districts, including Sheung Shui, Yuen Long, Tuen Mun and Sha Tin. According to Jones Lang LaSalle's data, the number of day-trip mainland tourists, ...

  4. Property - Hong Kong & China - RETAIL

    Shop landlords feeling the heat of falling luxury goods sales

    Posted Oct 10th 2012, 12:00am by Yvonne Liu

    ... of jewellery, watches and expensive gifts- which are the most popular items on the shopping lists of mainland visitors- fell 3.4 per cent in value in August compared with a year ago. The decline was the sharpest among all retail items, and also the first time this sector recorded a fall since July 2009. "Spending by mainland visitors is lower due to the weak mainland economy and also a change ...

  5. Property - Hong Kong & China - RENTS

    Causeway Bay loses to New York in world highest rental ranking

    Posted Nov 20th 2014, 06:06am by Peggy Sito

    ... caution this year on expanding in Hong Kong "in the face of moderating sales performance and less exuberant consumption from mainland visitors". The report, which ranks the most ... Peggy Sito peggy.sito@scmp.com Causeway Bay loses top spot in world retail rents Causeway Bay, which has been losing its appeal for big-spending mainland tourists, has relinquished its ...

  6. Property - Hong Kong & China - TOURISM

    China urged to further ease inbound travel to boost global tourism

    Posted Nov 12th 2014, 05:50am by Langi Chiang

    ... ahead of New York and Istanbul. It estimated Dubai would receive 12 million international visitors this year, 7.5 per cent more than last year. Mainland visitors to the emirate grew 26 per cent ... confidence that such a message will get across to Beijing's policymakers, combined with strong interest from foreign travellers to visit China and the variety the country offers visitors ...

  7. Property - Hong Kong & China

    Hong Kong's housing market facing a slump in 2015

    Posted Nov 24th 2014, 03:58am by Anna Healy Fenton

    ... of the group's recent report on the Hong Kong and mainland property markets. CLSA says Hong Kong property prices were already 3 per cent off their February peak. The brokerage had been expecting a 10 per ... and flagging visitor numbers amid the end of the tourism-driven boom in the past four years". On the plus side, a consumer survey by City University shows that sentiment for the property market ...

  8. Business - Economy - BRICKS & MORTAR

    Hong Kong’s tourism policy should meet needs of visitors and residents

    Posted Sep 08th 2014, 10:41am by Yvonne Liu

    ... Yvonne Liu Better policies and attracting tourists from other countries will help offset influx of mainlanders City's tourism should meet needs of visitors and residents The outlook ... to visit the city. Figures from the Hong Kong Tourism Board showed the growth rate in overnight visitor arrivals from the mainland declined for the third consecutive month in June. ...

  9. Property - Hong Kong & China - RETAILING

    Malls adopt cartoon characters to create a festive shopping mood

    Posted Nov 19th 2014, 04:36am by Peggy Sito

    ... With retail sales growth during the holiday season expected to be challenging, shopping centres are going on spending sprees and looking for fresh ideas to enhance the visitors' experience ... anniversary for Snoopy and the 65th anniversary of the founding of the People's Republic of China, she said, adding that the themed attraction was also used in its mainland shopping centres, ...

  10. Property - International - ACQUISITIONS

    Chinese investors keen on Australian hotels

    Posted Oct 21st 2014, 09:12am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Canberra seeks to woo the rich with new visa scheme amid growing interest in home sector Mainland investors set sights on Australian hotels Mainland ... Visa scheme is Australia's latest effort to compete effectively for wealthy individuals considering investment migration. A record 720,000 mainlanders visited Australia last year, up 14.1 ...




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