• Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links
Monday, March 20, 2023
Daily The Business
  • Login
  • Home
  • World
  • Economy
  • Opinion
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
Subscribe
DTB
  • Home
  • World
  • Economy
  • Opinion
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
DTB
Home World

Hong Kong airport sees nearly 2,900% surge in passengers as China reopens

by DTB
February 20, 2023
in World
Reading Time: 2 mins read
A A
0
Hong Kong airport sees nearly 2,900% surge in passengers as China reopens
38
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

The number of people passing through Hong Kong’s airport jumped last month as travel restrictions eased and China reopened borders for the first time since the pandemic began. 

Hong Kong International Airport reported 2.1 million passengers in January, nearly 2,900% growth from the same period last year. Traffic to and from Southeast Asia and Japan recorded the most significant increases, according to a press release from airport authorities. 

China’s move to reopen borders with Hong Kong, coupled with pent-up demand to travel for the Lunar New Year break, helped fuel the surge. The city is eager to restore its status as a global financial hub and gateway to China — its largest source of tourism and biggest trading partner — since its economy took a sharp blow amid the prolonged closure. 

Hong Kong is rapidly removing pandemic restrictions since China ended its Covid Zero policy, and has effectively returned to normal with the exception of a mask mandate. Earlier this month, daily quotas and testing requirements were dropped and all boundary checkpoints opened.

In a bid to attract tourists, officials this month launched a tourism campaign that includes distributing more than 500,000 free air tickets this year. The Airport Authority purchased the tickets in 2020 as part of a HK$2 billion ($255 million) rescue package for the airline industry.

Mainland visitors to Hong Kong could rebound this year to 78% of 2019 levels with the removal of restrictions including the daily traveler quota and mandatory Covid tests, according to Bloomberg Intelligence.

Hong Kong was Asia’s busiest international airport before Covid. January’s data represent only a third of the traffic the airport experienced in the same period four years ago. The government wants to revive the city’s global brand after three years of self-imposed isolation during the pandemic, protests and the imposition of tough security laws. Gross domestic product shrank 3.5% last year, the third contraction in four years. 

Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Sign up here.

Tags: air travelairportairportsAsiaaviationChinaHonghong kongJapanKongpassengersReopensseessoutheast asiasurgetraveltravelers
DTB

DTB

American Dollar Exchange Rate
  • Trending
  • Comments
  • Latest
How to avoid buyer’s remorse when raising venture capital

How to avoid buyer’s remorse when raising venture capital

July 2, 2022
Dubai's real estate sector

Dubai: Villa prices post double-digit growth in August 2021

October 23, 2021
9th World Strength Lifting & Incline Bench Press Championship 2022

9th World Strength Lifting & Incline Bench Press Championship 2022 Kyrgyzstan

September 10, 2022
real estate transactions in Dubai

AED7.2 bn in week-long real estate transactions in Dubai

October 23, 2021
Afghanistan remittance payouts limited to local currency -sources

Afghanistan remittance payouts limited to local currency -sources

0
Saudi Arabia Bans Ministers From Sitting on Company Boards

Saudi Arabia Bans Ministers From Sitting on Company Boards

0
SAIF Zone takes part in The Big 5

SAIF Zone takes part in The Big 5

0
Jafza to showcase its core competencies

Jafza to showcase its core competencies in the construction and building materials sector at The Big 5 2021

0

Pak Rupee Bears the Brunt of Political Uncertainty and IMF Deal Delay

March 20, 2023
Peso inches up vs dollar even as banking sector concerns remain

Peso inches up vs dollar even as banking sector concerns remain

March 20, 2023

Spike in airfares, high occupancy at UAE hotels ahead of Ramadan

March 20, 2023
AdTheorent Holding Company Inc PT Lowered to $3 at JMP Securities

H.C. Wainwright Downgrades Co-Diagnostics to Neutral

March 20, 2023
  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Best SMM Panel Free WordPress Themes Breaking News Breaking News

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Daily The Business
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist