Cruise hub operators ‘showing interest in Kai Tak’

Tourism Commissioner Angelina Cheung on Friday said a number of cruise terminal operators had expressed interest in taking over the Kai Tak facility since the government’s launch of an open tender last month.

Speaking on RTHK’s Backchat programme, she emphasised that the new operator had to be able to hold events at the terminal when it wasn’t hosting any cruise ships.

“Of course, cruise deployment is always a priority. It is a cruise terminal, so we will always give priority for cruises coming to Hong Kong. We welcome all cruises from around the world,” Cheung said.

“During the low season or when there’s… no cruise ship coming, we expect the new operator to consider holding more events at the terminal.

“And that’s why in this tender, we have consolidated the management, and we will include the public spaces, including the rooftop garden, as well as two podium gardens on the second floor… under the management of the operator.”

Cheung also said Kai Tak Sports Park had attracted some cruise passengers to Hong Kong for concerts and sports events.

“Our policy is actually a plus tourism idea. That means everything plus tourism. You could bring out the tourism angle,” she said.

“This kind of packaging we are doing not only between the terminal and the sports park but everything across the city.

“We have so many attractions and there could be a lot of packaging with attractions, with theme parks, and also with arts events, cultural events or great performances throughout Hong Kong.

“We are doing a lot of these promotions and collaborations between different parties so as to enhance the attractiveness of Hong Kong.”

Bids will be welcome until May 22, and Cheung said the new operator would need to start work six months before mid-2028 before the contract of the current operator expires.

By then, the new operator should have the full team in place, and this would include a head manager, a cruise terminal manager and a leasing manager, who will oversee commercial leases and events.

The future operator and manager of Kai Tak Cruise Terminal will have to comply with four new key performance indicators – the number of annual ship calls, the number of annual non-cruise-related events and visitors brought by them, as well as the occupancy rate of nearby commercial areas.



Source link

Visited 2 times, 1 visit(s) today

Related Article

History Says This ETF Could Be the Biggest Winner of the Stock Market Sell-Off

With nearly 10 months of 2026 in the books, it’s fair to say that this year hasn’t been easy for equity investors, but they’ve been rewarded for taking risks. The Nasdaq-100 and S&P 500 (^GSPC -0.52%) are up 14.6% and 11.7%, respectively, year to date, confirming market participants are being compensated for enduring equity market

Nobel Peace Prize Winner Machado Announces Return To Venezuela

Nobel Peace Prize Winner Machado Announces Return To Venezuela

Observers believed US played a role in blocking Machado’s return Venezuelan opposition leader and Nobel Peace Prize winner Maria Corina Machado said Sunday she has returned to her home country after nearly a year in exile. “I am here. With you,” Machado wrote in a short post in Spanish on X. Her ally, exiled presidential

Haze is making pets sick and migratory birds are at risk too: Expert

KUALA LUMPUR – Pets are developing respiratory problems severe enough to require oxygen therapy amid deteriorating air quality, while persistent haze could disrupt migratory birds’ journeys through Malaysia and threaten their survival. Veterinarian Dr Wendy Cheng of Noah’s Ark Veterinary Clinic told Scoop that fine particles in polluted air, including PM2.5, could irritate animals’ respiratory

Prediction: This Will Be SpaceX’s Stock Price by the End of 2030

Space infrastructure and generative artificial intelligence (AI) are two of the hottest megatrends currently taking Wall Street by storm. And Space Exploration Technologies (NASDAQ: SPCX) offers exposure to both. That said, with a market cap of $2.16 trillion, investors will naturally wonder if the company can still generate enough momentum to move the needle. Let’s

Will Altria’s Pricing Power Triumph Over Tumbling Volumes on Oct 29?

Quick Read Altria (MO) reports Q3 earnings Oct. 29, with the stock up 35% year to date on Marlboro’s pricing strength offsetting cigarette volume declines. Marlboro’s retail share slipped from 40% to 40% to 39.5% as discount cigarettes captured 34% of the market, pressuring margins heading into Q3. After back-to-back earnings-day drops of 5% and

Can Caterpillar’s $72B Backlog Save Its Stock From a 10% Slump?

Quick Read CAT’s $72 billion backlog, with 59% expected to ship within 12 months, anchors the bull case after shares fell 15% over the past month. Power generation sales surged 72% last quarter on data center demand, but $2.2 billion in full-year tariff costs remain a significant headwind. Wall Street expects Q3 EPS to jump

3 British Value Stocks Trading Up To 49% Below Fair Value

With the UK government preparing a £40b plus housing programme and fresh borrowing powers for local projects, long term cash flows are back in focus for British assets tied to the real economy. When policy leans toward bricks, mortar and infrastructure, investors often start hunting for solid cash generators that markets have priced too cautiously.

Stock-Split Watch: Is Micron Next?

With incredible gains of 350% over the past year, shares of Micron Technology (NASDAQ: MU) have easily outpaced the 68% jump in the PHLX Semiconductor Sector index. However, Micron stock has been in the doldrums of late, sliding 25% from the 52-week high it reached in June this year. Micron’s pullback is driven more by

Is It Too Late to Buy SpaceX Stock After Its Monster Third-Quarter Earnings Report? Here’s the Answer.

On Oct. 20, Space Exploration Technologies (NASDAQ: SPCX) reported its 2026 third-quarter earnings, posting some impressive numbers. According to CNBC-tracked analyst estimates, revenue of $14.5 billion easily topped the $12.7 billion expected, and adjusted earnings per share of $0.45 once again beat the $0.13 expected. In addition, SpaceX reported net income of $4.4 billion, a

Meet Wall Street’s Newest Major Stock Split: It Has Soared 1,730% Since Its 2012 IPO, and There Is Plenty of Upside Left

A stock split is a corporate action in which a company increases the number of shares it has outstanding by dividing existing shares into multiple shares and proportionately decreasing its share price. Stock splits don’t change a company’s intrinsic value, but they can garner significant attention because they make each share more affordable, potentially increasing

US MARKETS CALL: Still Proceeding Cautiously

On September 15, we advised investors to proceed with caution. We pushed out our 8,400 S&P 500 target from year-end 2026 to mid-2027 and set 7,900 as our new year-end target. On October 14, we reiterated our caution. Sure enough, the stock market has been turbulent since mid-September, with AI-related stocks falling sharply. We are

Prediction: The Stock Market Will Soar After Midterm Elections

The midterm elections are fast approaching, and the world will be watching as voters head to the polls on Nov. 3 to elect their state representatives in the U.S. House of Representatives and the U.S. Senate. With politics as partisan as ever and so much going on in the world, including the Iran war, investors

Trump criticised France's immigration policies while addressing a campaign rally for Republican candidates in Perry, Georgia. (AP/Bloomberg)

Trump says France ‘burning down’ because it opens borders to people ‘who hate it’; claims protests not related to education

US President Donald Trump on Saturday said France was “burning down” because it opened its borders to people who “hate it”, dismissing claims that protests were linked to education. Trump criticised France’s immigration policies while addressing a campaign rally for Republican candidates in Perry, Georgia. (AP/Bloomberg) “They have police in France, but they’re not allowed

BE Stock Sees Worst Single-Day Fall In 3 Months — Jefferies Trims Price Target, Flags Lack Of Updates On Its Largest Opportunity With Oracle

Jefferies said that despite management’s optimism that its backlog continues to grow faster than revenue, Bloom Energy did not provide a formal backlog update. JPMorgan also lowered its price target on Bloom, cutting it to $292 from $314 while maintaining an ‘Overweight’ rating. The firm attributed the reduction to lower trading multiples among Bloom Energy’s

A motorised auto-rickshaw powered by liquefied petroleum gas (LPG) passes a bridge amid rising fuel and LPG prices due to the Iran conflict, in Karachi, Pakistan. (Reuters)

Pakistan reopens Gabd-Rimdan border with Iran after week-long trade halt

Pakistan reopened a key border crossing with Iran to resume bilateral trade and cross-border movement after a week-long suspension that stranded freight vehicles, disrupted supplies and aggravated concerns over LPG shortage ahead of winter. A motorised auto-rickshaw powered by liquefied petroleum gas (LPG) passes a bridge amid rising fuel and LPG prices due to the

A Boeing 787 Dreamliner of Riyadh Air at King Khalid International Airport in Riyadh.

The Saudi Airline That Launched Right in the Middle of a War

The day after a missile hit the airport where Riyadh Air’s offices are based, the British boss of Saudi Arabia’s new airline wanted to soothe staff fears. A Boeing 787 Dreamliner of Riyadh Air at King Khalid International Airport in Riyadh. “We would never operate a flight or have people work in a building if

0
Would love your thoughts, please comment.x
()
x