With many local and mainland businesses still struggling during sweeping economic restructuring, the gloom and doom preceding the “golden week” celebrating National Day was to be expected. Thankfully, it seems the holiday still benefited some sectors, but maybe not as much as before.
While the outlook remains cautiously optimistic, a lot more needs to be done if the city is to face the challenging times ahead.
Nearly 1 million mainland visitors crossed the border in the first five days of the week-long autumn break, up 35 per cent from the same period last year. The figures defy previous survey findings that the city is no longer a top travel spot for mainlanders.
A hotel group recorded a 1 per cent rise in occupancy to 97 per cent and…