HOTEL stocks continue to improve, following optimism on the political front. Harbour Centre hit a year's high at $8.90, an increase of 15.58 per cent over the previous week's $7.70. Its previous high was $8. While the outlook for the hotel industry remains encouraging in the short to medium term, Vickers Ballas warns that there are threats to the market in the long-term. Direct travel links between China and Taiwan may stop visitors travelling to Hongkong en-route to China.