Government AffairsGovernment steps in with US$255 million to ease the pain of protests

Hong Kong travel agents offered incentive package

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Incentive package is expected to benefit 1,700 travel agencies in Hong Kong.
Incentive package is expected to benefit 1,700 travel agencies in Hong Kong.

HONG KONG - The Hong Kong government has announced a HK$42 billion (US$255m) financial package to help the SAR’s travel industry following a drop in the number of tourist arrivals in the wake of ongoing public protests.

The package will provide HK$120 (US$15) cash incentive to travel agencies for each inbound tourist who stays overnight, and HK$100 (US$12.75) cash handout for each outbound traveller sold a package tour or air ticket.

The subsidy will be distributed between November and next March. Each travel agency will receive subsidies for up to 500 tourists or HK$60,000.

Secretary for commerce and economic development Edward Yau said the plan would benefit 1,700 travel agencies.

Funding will also go to sectors like restaurant, taxis, and retail, with Bloomberg noting that further subsidies for airlines and hotels may follow.

HK Travel Industry Council chairman Jason Wong said in a statement, “The travel industry has been gravely affected by the protests, which have lasted for over four months.

“I believe the morale of traders will be boosted this time as the government is going to dish out cash to directly help travel agents.”


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