Hong Kong Dec 2025: 4.65M Visitors, Mainland Share at 72.2%

• Hong Kong recorded 4.65M visitor arrivals in Dec 2025, +9.2% year-on-year.
• Chinese Mainland accounts for 72.2% of all arrivals (3.35M), +8.2% versus the prior year.
• Non-mainland visitors totalled 1.29M, led by Philippines (155K), Taiwan (132K), and Macao SAR (123K).
• Hong Kong's visitor profile is heavily mainland-concentrated at 72.2%, creating both a stable base and a single-source dependency risk.
• Hotels targeting international leisure and business segments should focus on Southeast Asian FIT travellers and USA/Australia long-haul guests, who deliver higher RevPAR per stay.

Hong Kong recorded 4.65M visitor arrivals in Dec 2025, +9.2% year-on-year, according to data from the Hong Kong Tourism Board. Chinese Mainland visitors continued to dominate the inbound mix at 72.2%, while the non-mainland international segment contributed 1.29M arrivals.

Dec 2025 Source Market Breakdown

Chinese Mainland led with 3.35M arrivals (72.2% share), +8.2% year-on-year. Among non-mainland markets, Philippines was the largest at 155K, followed by Taiwan at 132K and Macao SAR at 123K.

Non-Mainland International Mix

• Philippines: 155K arrivals (+5.7% YoY)
• Taiwan: 132K arrivals (+16.8% YoY)
• Macao SAR: 123K arrivals (-4.8% YoY)
• USA: 107K arrivals (+21.6% YoY)
• South Korea: 93K arrivals (-3.9% YoY)
• Singapore: 74K arrivals (-1.8% YoY)

Monthly Visitor Trend

Revenue Strategy for Hong Kong Hotels

With 72.2% of arrivals from Chinese Mainland, rate-setting requires close attention to OTA pricing parity on platforms like Ctrip, Meituan, and Fliggy.

• Mainland-focused properties: Monitor China outbound travel sentiment and competitive rate dynamics — mainland demand is price-sensitive in mid-market but aspirational in the luxury tier
• International-mix properties: Southeast Asian FIT travellers (Philippines, Singapore, Thailand) are the most accessible growth segment — they book via global OTAs and respond well to experience packages
• Long-haul diversification: USA (107K) and Australia (68K) represent high-ADR segments — direct booking incentives and corporate rate agreements deliver outsized RevPAR from these markets

Data sourced from the Hong Kong Tourism Board (HKTB).