'Many More Hotel Rooms Needed For Quarantine'
"); jQuery("#212 h3").html("

"); });
2020-12-11 HKT 11:50
The lawmaker representing the tourism sector said on Friday that the use of hotels for quarantining inbound travellers will be better later than never, but the 10,000 rooms arranged by the government are "definitely not enough".
Yiu Si-wing said people who fly into Hong Kong will be asked to stay at a designated hotel of their choice for two weeks starting from December 22, as part of stepped-up restrictions by the government to try to prevent imported coronavirus cases during the upcoming Christmas holiday.
Speaking on an RTHK programme, Yiu said the government would announce the list of hotels on Friday.
He said the rates charged will vary from around HK$400 per night, including three meals, up to around HK$3,000 a night at a five-star hotel.
However, he said the 10,000 or so hotel rooms arranged for quarantine purposes would be used up in 10 days as there are some 1,000 arrivals in the city daily.
"This should have been done earlier. At least the government is making up for its mistake now. But it should designate more backup hotels as some 10,000 rooms can only last for 10 days," he said.
Yiu said many hotels would like to join the programme but have not been selected by the government.
He said the response from the sector has been enthusiastic as some operators who were reluctant to let their hotels be used for quarantine purposes at first see little choice now their business has been badly affected by the continuing pandemic.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more