A vacant shop in Causeway Bay. Rents in prime locations may fall 10 per cent this year as mainland tourist arrivals level off, say some analysts. Photo: Edward Wong
Prime rents under pressure as mainland China tourist numbers decline
Changes in shopping habits of mainland tourists will see a fall off in prime rentals, offset by shift to northern districts
A vacant shop in Causeway Bay. Rents in prime locations may fall 10 per cent this year as mainland tourist arrivals level off, say some analysts. Photo: Edward Wong