The Bauhinia Foundation Research Centre shares research reports, occasional papers and weekly analyses on topical matters and current affairs in a timely manner. Want to stay connected with us? Please enter your email address.
The second quarter consumer confidence survey 2012 released by the Bauhinia Foundation Research Centre (BFRC) today reflected a deterioration of consumers’ confidence and expectations in the prospects of local economy, as compared to the previous survey.
The Government has earlier proposed a 20% reduction in Mainland visitor numbers which is proving controversial. The Centre today released a new edition of Occasional Paper on ‘Boosting the local tourism industry by capturing high-spending visitors from diversified markets’. By analysing statistical data, the Paper attempts to estimate how different visitor mix with a reduction in Mainland day-trippers may affect the inbound tourism earnings and capacity of receiving tourists, and further suggests the optimal visitor composition for local tourism promotion.