Immigration controls have kept visitors away from Hong Kong and elsewhere amid the coronavirus pandemic, inflicting losses on the hotel industry. Photo: Winson Wong Immigration controls have kept visitors away from Hong Kong and elsewhere amid the coronavirus pandemic, inflicting losses on the hotel industry. Photo: Winson Wong
Immigration controls have kept visitors away from Hong Kong and elsewhere amid the coronavirus pandemic, inflicting losses on the hotel industry. Photo: Winson Wong
Martin Wong
Opinion

Opinion

Concrete Analysis by Martin Wong

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 Immigration controls have kept visitors away from Hong Kong and elsewhere amid the coronavirus pandemic, inflicting losses on the hotel industry. Photo: Winson Wong
Immigration controls have kept visitors away from Hong Kong and elsewhere amid the coronavirus pandemic, inflicting losses on the hotel industry. Photo: Winson Wong
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Martin Wong

Martin Wong

Martin Wong is associate director, research & consultancy of Greater China at Knight Frank