The tourism slump has hit businesses with spending down 9.2 per cent this year. Hong Kong Tourist Association statistics released yesterday showed receipts in the first nine months of the year fell to $55.4 billion. The number of visitors fell by 6.5 per cent, from 8.5 million to 7.9 million. The biggest fall in visitor spending came from the North Asia region, which includes Japan and South Korea, with a drop of 38.1 per cent. But spending by all major markets dropped. Australia, New Zealand and the South Pacific fell by 9.5 per cent; Europe, Africa and the Middle East by 3.1 per cent; South and Southeast Asia by 2.6 per cent; and Taiwan by 1.8 per cent. Shopping accounted for 49.7 per cent of all expenditure.