As the tourism slump continues, there has been a lot of talk on the best ways to attract foreign visitors back to Hong Kong's hotels and bazaars. The root of the problem lies in the declining number of arrivals from Japan and Taiwan.
In the past, Hong Kong's tourism sector seemed to run parallel with the Peak Tram - one of its top attractions. The industry reached such dizzy heights, especially during the handover, that nobody was prepared for the dramatic turnaround.
The problem has been exacerbated by the regional financial crisis.
So can we find a way out of this predicament.
First, we need to improve our environment because foreigners like to go to beautiful, clean places.
Second, the three- and four-star hotels, which cater to the bulk of leisure arrivals, have priced themselves out of the market. Their room rates are on a par with five-star hotels.
Hotels must also improve their services.