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Hong Kong urged to do more to attract the pink dollar as way to overcome the tourism downturn
One example is a bid to get Hong Kong to host the Gay Games in 2022; organisers say the athletics event could draw in HK$1 billion for the city
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There has been a lot of talk recently about the power of the pink dollar. Industry observers say there is a lot of it to be tapped globally and the Hong Kong government and the community should be more forthright in supporting initiatives to help the city get a share of the gay tourism market.
But that is a long-term goal. A short-term prize is in the offing in the form of a bid to secure the Gay Games in 2022.
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Hong Kong, Guadalajara in Mexico and Washington DC in the United States are on the shortlist to host the games, the world’s largest sporting and cultural event specifically for lesbian, gay, bisexual and transgender (LGBT) people.
If selected, the city is expected to receive some 15,000 athletes and 40,000 visitors, who will bring in pink tourism dollars estimated to total HK$1 billion. A decision on the host city is expected in November.
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The LGBT market is viewed as a niche tourist sector that has become a fast-growing force in the international travel industry in recent years.
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