2026-02-26
Federation of Hong Kong Hotel Owners Welcomes the 2026–2027 Budget

On behalf of the Federation of Hong Kong Hotel Owners, we warmly welcome the Government’s 2026–2027 Budget and commend its strong commitment to economic growth, tourism development, and alignment with the Nation’s 15th Five‑Year Plan.

 

We are encouraged that many of the Federation’s recommendations submitted earlier have been reflected in this year’s Budget. In particular, the allocation of HK$100 million to attract large-scale international exhibitions with new elements will further strengthen Hong Kong’s position as an international convention and exhibition hub, attract high-spending business travelers, and generate high value-added economic activity that directly benefits the hospitality sector.

 

We also welcome continued efforts to reinforce Hong Kong’s status as an international aviation hub, including expanding air service agreements with emerging markets such as the Middle East, Central Asia, Africa, and South America to enhance connectivity and support inbound tourism growth.

 

The allocation of HK$1.66 billion to the Hong Kong Tourism Board, alongside initiatives to promote mega events, cruise tourism, MICE development, Greater Bay Area multi-destination travel, heritage revitalization, waterfront enhancement, rural tourism, and major sports and cultural events, will significantly enrich visitor experiences and strengthen Hong Kong’s appeal as the “Events Capital of Asia.”

 

Overall, this Budget provides a clear and strategic roadmap to boost competitiveness, accelerate economic recovery, and reinforce Hong Kong’s unique advantages under the Nation’s 15th Five‑Year Plan. The Federation looks forward to continued collaboration with the Government to support implementation and further elevate Hong Kong as a world-class tourism and business destination.

 

Federation of Hong Kong Hotel Owners