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'Golden week' losing its lustre for Hong Kong businesses

From scmp.com

Traditional Labour Day holiday spending spree may be in danger of falling flat, with arrivals by tour groups from mainland down on last year. Shops and hotels hoping for a major "golden week" boost were left disappointed yesterday. The Labour Day holiday got off to a sluggish start, prompting fears that Hong Kong may have lost some of its appeal for free-spending mainland shoppers. About 270 tours arrived in the city, with 900 more expected before the end of the week. But Travel Industry Council executive director Joseph Tung Yao-chung said the number of tour groups had dropped 15 per cent year-on-year. The Labour Day ... (full story)

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