Research and Markets: Hong Kong Tourism Report Q3 2011 - Arrivals from China will grow rapidly in the years ahead

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/3c4358/hong_kong_tourism) has announced the addition of the "Hong Kong Tourism Report Q3 2011" report to their offering.

Business Monitor International's Hong Kong Tourism Report provides industry professionals and strategists, corporate analysts, tourism associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Hong Kong's tourism industry.

BMI Still Upbeat On Hong Kong Tourism In 2010, a total of 36.03mn tourists visited Hong Kong, an increase of 21.8% year on year (y-o-y), according to data released by the Hong Kong Tourism Board (HKTB) in January 2011. This stellar performance was just ahead of BMI's own predictions of arrival numbers in the order of 34.8mn for the year as a whole. Provisional tourism revenues rocketed to HKD212.6bn (US$27.4bn), a rise of 30.5% y-o-y.

According to the HKTB, aiding Hong Kong tourism in 2010 was a recovery in global economic growth which boosted demand, as well as a relatively weak Hong Kong dollar and an expansion in the scope of China's Individual Visit Scheme for Shenzen residents, which boosted arrivals from the mainland.

BMI remains bullish about the outlook for inbound tourism to Hong Kong over our forecast period to 2015, with the territory continuing to offer high standards of hospitality, coupled with many different types of tourist attraction. Arrivals from China will continue to be the main source market for inbound tourists and will grow rapidly in the years ahead.

Read more inside Hong Kong Tourism Report Q3 2011

Key Topics Covered:

• Executive Summary
• SWOT Analysis
• Industry Forecast Scenario
• Meeting China's Tourism Needs
• Accommodation
• BMI's Security Ratings
• Global Assumptions, Q311
• Company Profiles
• BMI Methodology

Companies Mentioned:

• Cathay Pacific
• Melco International Development
• Shangri-La

For more information visit http://www.researchandmarkets.com/research/3c4358/hong_kong_tourism.