Convention and Exhibition and Tourism
25. A consultancy study has found that by 2028 there will be
a shortfall of about 130 000 square metres of convention and
exhibition venues in Hong Kong at peak periods. We must have
well-conceived medium and long-term extension planning and
ensure that shortage of venues will not pose constraints to our
convention and exhibition business.
26. Last year, we highlighted Hong Kong’s diversified and
high value-added travelling experiences, as well as our gourmet
culture and cultural and creative tourism. We successfully
staged a number of mega events including the Formula E motor
race and the large-scale Hong Kong Wine and Dine Festival.
27. These strategies have delivered results. Although total
visitor arrivals have dropped, the decline has become milder in
recent months. In particular, the number of visitors from
Southeast Asia increased year-on-year while non-Mainland
overnight visitors increased by 3.7% year-on-year in the fourth
quarter of last year.