“Inflation remained relatively moderate,” he said. “Visitor arrivals exceeded 11 million, providing certain support to the local retail, food and beverage, and transport industries.”
The latest figures showed visitor numbers in the first three months of 2024 were more than double the number logged for the same period last year.
The Tourism Board said the city welcomed 4.4 million inbound travellers between January and March 2023, 76 per cent of them from mainland China. But as overall tourism numbers go up, businesses are struggling with an exodus of residents during the Easter holiday.
Immigration figures showed 350,000 residents had left Hong Kong and about 87,000 visitors had arrived on Sunday by 9pm. More than 450,000 Hongkongers left on Saturday, about 78 per cent of the total number who exited the city, and about 135,000 visitors…