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Hong Kong luxury hotels surpass pre-pandemic rates amid strong demand

Luxury hotels in Hong Kong have seen their room rates surpass pre-pandemic levels, outperforming the broader hospitality market. This surge is driven by robust demand, particularly from mainland Chinese, long-haul, corporate, and event-related sectors, coupled with a constrained supply environment. As a result, high-end properties achieved an average daily rate of HK$2,169 in 2025, a 1% increase from 2018, while the overall market's average daily rate remained below 2018 levels. AI

RANK_REASON The article discusses market trends and expert opinions on the hotel industry, rather than a specific event like a product launch or funding round.

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Hong Kong luxury hotels surpass pre-pandemic rates amid strong demand

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Cheryl Arcibal ·

    At high-end Hong Kong hotels, rates check in above pre-pandemic highs, outpace market

    Hong Kong’s luxury hotels have outpaced the city’s broader hospitality market since last year, with their room rates exceeding 2018 levels as demand recovers, according to a report by global property consultancy Jones Lang LaSalle (JLL). Citing official tourism figures, JLL said …