Hong Kong government introduces new steps to help tourism-related sectors

 Monday, August 9, 2021 


The government of Hong Kong has recently declared their plans to provide a new round of special further cash subsidies to all the travel trade and practitioners. The government is hopeful that it would support the industry affected by the pandemic.

The government explained that the provision of about HK$377 million will be earmarked under the Anti-Epidemic Fund (AEF) to offer support to the tourism and related sectors. For example, travel agentswith 10 or fewer employees will be provided with a subsidy at a flat rate of HK$50,000 each. Meanwhile, in case of travel agents with 11 staff members or more, the level of subsidy will be directly proportional to their number of staff members with a subsidy level of HK$5,000 per staff member as the basis of calculation.

It is likely that nearly 1,600 travel agents will be profitable from the initiative. Al travel agents’ staff and freelance accredited tourist guides and tour escorts, whose primary living is tourist guide and tour escort, will receive a one-off subsidy of HK$7,500. About 18,400 people will benefit from this measure as well. In addition, tour service coach drivers who are serving tourists will receive a one-off subsidy of HK$3,350. This measure is expected to benefit 3,400 drivers.

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