High-Speed Rail Propels Hong Kong Hotels

JLL Real Views | October 23, 2018

New bullet trains zipping between Hong Kong and mainland China are set to make travel for tourists faster, cheaper and easier than ever – although finding a hotel room amid rising visitor numbers could well become that much harder. Eight years in the making, Hong Kong's high-speed rail officially opened last month. The $11 billion project created the longest high-speed network in the world, connecting 44 cities in China to Hong Kong. It's forecast to ferry 80,000 passengers a day – including business travelers and tourists – in and out of Hong Kong. An immediate impact for travelers to Hong Kong: a steep drop in costs....