Abstract
In 1993, 7.2 million international visitors came to Hong Kong, spending nearly US$6.8 billion, which money represents 6.5 percent of Hong Kong's gross domestic product. The authors identify the contribution of the hotel industry in developing tourism into a leading Hong Kong industry, pinpoint the reasons for the territory's predominant influence on Asia's hotel industry, and examine the challenges to the industry's future growth. They conclude with a vision statement in which they present Hong Kong in the 21st century as Asia's center of excellence for the export of hotel-management and tourism-development expertise to developing economies in the region.
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