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Hong Kong to Attract More International Spending Than Any Other City in the World

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Hong Kong to Attract More International Spending Than Any Other City in the World​

by Thomas Hinton,
Dec 12, 2023

According to a 10-year forecast by the World Travel and Tourism Council, Hong Kong will lead the world in terms of revenue from international tourism spending by 2032. The top 10 list is heavily dominated by large Asian cities with significant air travel infrastructure such as Singapore and Bangkok. Nevertheless, New York, Amsterdam, and Dubai in the United Arab Emirates are predicted to further establish themselves as major international hubs into the future.

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After Hong kong was handed over to China in 1997 by UK, its GDP has been more than doubled

1997
Hong kong GDP per capita $27,330
UK GDP per capita $26,734

2020
Hong kong GDP per capita $46,707
UK GDP per capita $40,358

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