Hong Kong Hotel Annual Study 2019
By Gloria Chang on October 17, 2019
This is the 33rd edition of the Hong Kong Hotel Industry Review 2019, 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). Some 74 hotels provided the 2019 operational, financial and marketing information for compiling this year report. 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 and food and operation statistics is also presented in the study.