‘Super March’ tourism campaign paints ‘promising’ picture for Hong Kong economy

The success of mega-events under Hong Kong’s “Super March” tourism campaign paints a “promising” picture of the city’s economic future, a leading business insights provider has said, adding that Art Basel had brought in the wealthiest visitors under the drive at an average monthly income of about HK$44,000 (US$5,700).

But a lawmaker and economist both warned that the city should avoid becoming overreliant on such fixtures to boost its struggling business sector.

MDRi, part of the UK-based Mishcon de Reya Group legal advisory firm, shared its rosy outlook in a report published on Friday.

The document included a survey that found an overwhelming majority of respondents believed the Sevens rugby tournament was the event that had…