While other industries may express understandable caution about their prospects for 2012, the outlook for Hong Kong's hospitality and tourism sector is definitely rosy, with inbound tourism strong and business travellers on the move.
As a result, leading operators are looking at plans to expand, taking advantage of the city's continuing role as a gateway to China, an international financial hub, and a holiday destination in its own right.
"We think there will be dynamic growth in 2012," says Brian Williams, managing director of Swire Hotels, which operates The Upper House and East in Hong Kong, as well as properties in Beijing and Britain. "Globally, there is a year-on-year increase in the number of frequent travellers, and Hong Kong is a place people from mainland China want to experience, so we are positive on the outlook for the sector."
Reflecting this, the company took on close to 200 new staff last year, including