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Tourism
Hong KongHong Kong Economy

Hong Kong Tourism Board to receive HK$1.35 billion to promote travel recovery, host handover anniversary events

  • Additional financial resources from government gives Tourism Board total budget of HK$1.35 billion this year
  • Board’s executive director predicts about 9.6 million inbound travellers to city during second half of 2022

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The Hong Kong Tourism Board has received a boost in funds to promote travel to the city and host events for the 25th anniversary of the handover. Nora Tam
Rachel YeoandDenise Tsang
The Hong Kong Tourism Board will receive an 80 per cent boost in funding, for a total budget of HK$1.35 billion (US$172.51 million) this year, to promote cross-border travel and celebrate the 25th anniversary of the city’s handover to mainland China.

The board’s executive director Dane Cheng Ting-yat said on Monday that the body had received an additional HK$600 million in funding from the local government.

Over half of the board’s total financial resources this year would be used to promote tourism, including local consumption, he said, adding new opportunities would also be created to boost cross-border travel.

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The executive director also said the tourism body had predicted significant growth in the number of arrivals during the second half of 2022, potentially reaching 9.6 million inbound travellers.

The predicted uptick would be a marked increase from last year’s 91,398 arrivals, with the board reporting the figure from 2021 represented a 97.4 per cent drop from the 3.57 million inbound travellers recorded in 2020.

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The number of arrivals from the mainland also dropped significantly last year, decreasing 97.6 per cent from 2.76 million to 65,694.

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