Hong Kong hotels on cliff edge from protests and pandemic


Weave founder and CEO Sachin Doshi poses for a picture at the Weave on Baker co-living space in Kowloon, Hong Kong, China January 24, 2020. - Reuters

HONG KONG (Reuters): Hong Kong's distinction as a shopper's paradise used to draw tens of thousands of tourists to the city every month, but a year of anti-government protests stemming from the extradition bill incident and the coronavirus crisis are driving some hotels to the brink of financial ruin.

Hotel occupancy rates in the recession-hit economy have plummeted since protesters took to the streets last June.

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Hong Kong , covid-19 , hotels , economy

   

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