Hong Kong Hotels in Crisis as Protests Deter Chinese Tourists

  • Revenue from room sales to halve, lawmaker for tourism warns
  • Airport shutdown, violence being magnified in Chinese media
Hong Kong Protests Hit Local Firms
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Hong Kong’s hotel industry is struggling with a collapse in bookings after thousands of protesters shut down flights from the territory’s airport this week in an escalation of months of clashes with police.

Revenue from room sales is set to plunge as much as 50% this month, according to Yiu Si-wing, a Hong Kong lawmaker representing the tourism industry who said visits from mainland China that usually account for 80% of arrivals are down most as people fear for their safety.