Hong Kong Annual Study 2020

This is the 34th edition of the Hong Kong Hotel Industry Review 2020, jointly produced by the Hong Kong Tourism Board (HKTB) and Horwath HTL (Horwath HTL), and supported by the Hong Kong Hotels Association (HKHA) and the Hotel Controllers & Accountants Association of Hong Kong (HCAA). This report presents detailed 2020 financial, operational and marketing information provided by 94 hotels located throughout Hong Kong. Data is compiled, analysed and presented by segmented category based on achieved daily room rate. Key sections in the study include detailed departmental revenue, expenses and profitability ratios by rate, market mix, composition of advance reservation. Other information such as labour cost, food and operation statistics is also presented in the study.

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