Hong Kong travellers were paying an average of HK$1,075 per room per night when travelling abroad in 2014, which was only above Taiwan’s HK$1,010.
Fig. 1: Avg. hotel prices paid by Asia travellers when travelling overseas in 2014 (HKD) |
|
Country |
Avg. hotel prices |
Taiwan |
$1,010 |
Hong Kong |
$1,075 |
Singapore |
$1,089 |
South Korea |
$1,109 |
Thailand |
$1,131 |
Fig. 1 |
Hotel price of Hongkongers’ favourite travel destinations dropped – except to Japan
Fig. 2: Avg. hotel prices paid by Hongkongers in 2013/4 (HKD) |
|||
Country |
2014 |
2013 |
% change |
Thailand |
$884 |
$956 |
-8% |
South Korea |
$890 |
$954 |
-7% |
Taiwan |
$828 |
$874 |
-5% |
Japan |
$979 |
$944 |
4% |
Fig. 2 |
Prices have generally fallen for hotels in Asia. Yet, according to HPI, Hong Kong travellers have spent 4% more for hotels in Japan. The top Japanese destinations have all seen increases in average hotel price paid by Hong Kong travellers, including Osaka (5%), Tokyo (4%), Fukuoka (4%), Naha (4%) and Kyoto (2%). The increase in hotel spending is possibly correlated with the surge in demand for travelling to Japan, which was driven by the depreciation of yen as well as the expansion of services by low-cost carriers (LCCs) between Hong Kong and Japan in 2014.
Fig. 3: Where prices at 5-star hotels fell the most between 2014 and 2013 |
|||
Destination |
2014 |
2013 |
% change |
Moscow |
$1,775 |
$2,353 |
-25% |
Singapore |
$2,359 |
$2,877 |
-18% |
Melbourne |
$1,782 |
$2,079 |
-14% |
New York |
$4,300 |
$4,809 |
-11% |
Los Angeles |
$3,827 |
$4,255 |
-10% |
Delhi |
$1,438 |
$1,563 |
-8% |
Guangzhou |
$1,309 |
$1,377 |
-5% |
Dubai |
$2,726 |
$2,859 |
-5% |
Taipei |
$2,572 |
$2,687 |
-4% |
Edinburgh |
$1,867 |
$1,945 |
-4% |
Fig. 3 |
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.