Pre-pandemic Hong Kong often ranked Asia’s 3rd / 4th largest market by outbound spending; and in 2023 spending recovered more than departure.
Departures by Hong Kong Residents in 2023 and First Half of 2024
| Period | Spending US$ - Bn | # Departures - Mi |
|---|---|---|
| 2023 | 27.7 (84%)*1 | 72.2 (77%)*1 |
| Jan – June 2024 | NA | 49.5 (+73%)*2 |
NOTES: *1 – comparing to 2019; *2 – comparing to 2023
Also, bookings for 2024 summer to Paris and five-star hotel there by Hong Kong residents respectively doubled and up 32% over 2023!
Including China’s top cities like Hong Kong, Shenzhen and Guangzhou, the Greater Bay Area, which account 72% trade visitors of ITE2024, had combined GDP of USD 1.97 trillion and 86 million people in 2023. For more, please visit Show Report and FIT Survey.
