Close Menu
Aspire Market Guides
  • Home
  • Alternative Investments
  • Cryptocurrency
  • Economics
  • Equity Investments
  • Mutual Funds
  • Real Estate
  • Trading
What's Hot

Sidemen team with NFTS on training

August 19, 2026

The Macroeconomics of Complete Assurance: Funding Universal Health for Every Voter in Viksit Rajasthan

August 19, 2026

Developers appeal decision to reject plans for 28 homes in Smeeton Westerby

August 19, 2026
Facebook X (Twitter) Instagram
Trending:
  • Sidemen team with NFTS on training
  • The Macroeconomics of Complete Assurance: Funding Universal Health for Every Voter in Viksit Rajasthan
  • Developers appeal decision to reject plans for 28 homes in Smeeton Westerby
  • FASB invites opinion on cash equivalents and digital asset draft rules
  • Gift Nifty Points to Weak Market Open Thursday
  • Tokenized Deposits Will Not Scale in Silos
  • The bond market is sounding an alarm. Here’s what it means. – The Washington Post
  • Samir Arora-backed Helios Mid Cap Fund hikes stake in Swiggy and 20 others, trims exposure in 2 stocks – The Economic Times
  • IN CHARTS: How the stock market, economy grew under Noynoy Aquino
  • Side Letter: SAA it ain’t so
Wednesday, August 19
Facebook X (Twitter) Instagram
Aspire Market Guides
  • Home
  • Alternative Investments
  • Cryptocurrency
  • Economics
  • Equity Investments
  • Mutual Funds
  • Real Estate
  • Trading
Aspire Market Guides
Home»Economics»Mega events’ economic impact goes beyond overnight visitors, says Law
Economics

Mega events’ economic impact goes beyond overnight visitors, says Law

By CharlotteJuly 8, 20262 Mins Read
Share
Facebook Twitter Pinterest Email Copy Link


The economic benefits of major events should not be measured only by whether visitors stay overnight, as even same-day travelers generate spending on transport, dining and experiences, said Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui.

Speaking at the Legislative Council on Wednesday, Law said Hong Kong recorded about 26.71 million visitor arrivals in the first half of this year, up 13 percent year-on-year. Mainland visitor arrivals rose 16 percent, while non-mainland arrivals increased 5 percent.

Law said the continued growth largely reflected the success of Hong Kong’s “mega events + tourism” strategy.

Her remarks came as business sector lawmaker Jonathan Stuart Lamport asked how the government would ensure that visitor flows generated by major events could translate into real business gains.

Law said authorities are turning individual events into cross-district and multi-period themed experiences to broaden spending opportunities. She said a new round of “ticket-stub economy” offers will be launched in August, alongside major football events and the musical CATS in Hong Kong.

She said mega events are an important engine for tourism and economic development, as they attract visitors, boost hotel, catering and retail spending, and create jobs in sectors such as transport and event production.

Meanwhile, DAB lawmaker Chan Yung asked how Hong Kong could strengthen cooperation with Greater Bay Area cities to promote multi-destination travel.

Law said the government and the Hong Kong Tourism Board are working on several fronts to promote Greater Bay Area tourism resources, including a showcase in Kuala Lumpur next month.

Separately, tourism sector lawmaker Vivian Kong Man-wai asked about efforts to attract Muslim travelers.

In response, the official quoted that Middle East visitor arrivals rose nearly 40 percent in 2025 and increased a further 13 percent year-on-year in the first five months of this year to 36,000. She said authorities are monitoring whether recent growth has slowed, but remain optimistic about spending by Middle East visitors overall.
 



Source link

Related Posts

Economics

The Macroeconomics of Complete Assurance: Funding Universal Health for Every Voter in Viksit Rajasthan

August 19, 2026
Economics

The bond market is sounding an alarm. Here’s what it means. – The Washington Post

August 19, 2026
Economics

IN CHARTS: How the stock market, economy grew under Noynoy Aquino

August 19, 2026
Economics

Will the housing market crash in 2026? Gen Z is rooting for it

August 19, 2026
Economics

Determinants of Consumers’ Use of Nutritional Information on Food Packages | Journal of Agricultural and Applied Economics

August 19, 2026
Economics

The FE – Four key macroeconomic indicators being rebased

August 19, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Sidemen team with NFTS on training

August 19, 2026

The Macroeconomics of Complete Assurance: Funding Universal Health for Every Voter in Viksit Rajasthan

August 19, 2026

Developers appeal decision to reject plans for 28 homes in Smeeton Westerby

August 19, 2026

FASB invites opinion on cash equivalents and digital asset draft rules

August 19, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Featured

Demand Destroyed in Euro PMIs – Smartkarma

April 24, 2026

Cannes day 4: One PR firm wins Gold Lion in Creative Strategy category – PRWeek

June 25, 2026

The Role of NFTs in Modern Crypto Token Development and Web3 Ecosystems

June 16, 2026
Monthly Featured

Arizona Gold & Silver CEO discusses expanded drilling and growth plans – ICYMI

June 19, 2026

Hedge Fund and Insider Trading News: Boaz Weinstein, Steve Cohen, Bill Ackman, Paul Tudor Jones, ADW Capital, Elliott Management, Citadel Investment Group, Northern Trust Corp (NTRS), Revolve Group Inc (RVLV), and More

April 30, 2026

Yum Brands in talks to sell Pizza Hut to private equity firm | News

June 1, 2026
Latest Posts

Sidemen team with NFTS on training

August 19, 2026

The Macroeconomics of Complete Assurance: Funding Universal Health for Every Voter in Viksit Rajasthan

August 19, 2026

Developers appeal decision to reject plans for 28 homes in Smeeton Westerby

August 19, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Aspire Market Guides.
  • Contact us
  • Privacy Policy
  • Terms and Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.