Students of Baptist University and City University take part in a joint university ‘human chain’ rally to highlight the five demands protesters are asking from the government, in the Kowloon Tong district in Hong Kong on September 9 2019. Picture: AFP/PHILIP FONG
Tourist arrivals in the city declined almost 40% in August from a year earlier, financial secretary Paul Chan wrote in a blog post on Sunday. That’s the biggest year-on-year decrease in visitor numbers since May 2003, when arrivals sank almost 70% in the midst of the disease outbreak that ultimately claimed hundreds of lives in the city, according to data compiled by Bloomberg from the Hong Kong Tourism Board.
The city’s tourism, retail and hotel industries have been particularly hard hit, Chan said. Occupancy rates of hotels in some districts fell more than half while room rates decreased 40%-70%. Many meetings and business trips have been postponed or moved to other places, he said. The protests show few signs of resolution despite chief executive Carrie Lam’s decision last week to formally withdraw the extradition bill that sparked the movement in the first place.
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