... or even negative growth. Due to various reasons, insufficient new hotel development has been committed and existing stock is being lost through redevelopment. There is a major implication on land use planning in Hong Kong. On the demand side, over the last two decades, visitor arrivals to Hong Kong has increased by some ten percent per annum. The number of hotel rooms has never grown as fast as visitor arrivals. According to the figures from the Hong Kong Tourist Association, hotel occupancy in 1993 was 87% (1994's figure not yet available), which is very close to the operational capacity of 90%. Apart from that, from now till 1998, there are some 3,000 new rooms planned to be built. However, there are also plans to re-develop some of the existing hotels, such as Hilton, Miramar and Victoria. There is a urgent need that some measures, both long and short terms, must be introduced ...

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