Hong Kong’s hotel industry is facing significant challenges heading into 2024. A new 3 percent lodging tax set to take effect on January 1st, combined with heightened geopolitical tensions, particularly around U.S.-China relations, are expected to strain the sector further.

New Tax & Geopolitical Tensions Threaten Hong Kong Hotels | World Business Watch | WION

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New Tax & Geopolitical Tensions Threaten Hong Kong Hotels | World Business Watch | WION