Immigration controls have kept visitors away from Hong Kong and elsewhere amid the coronavirus pandemic, inflicting losses on the hotel industry. Photo: Winson Wong
Opinion
Opinion
Concrete Analysis
Hong Kong hoteliers can forget about V-shaped recovery as coronavirus brings new norm to industry
- Signs of short-term pick up in occupancy for quarantine needs will not solve problem in industry
- Slowdown could spark hotel M&As, downsizing and reallocation of space for non-room facilities, services
Immigration controls have kept visitors away from Hong Kong and elsewhere amid the coronavirus pandemic, inflicting losses on the hotel industry. Photo: Winson Wong