Occupy Central: Vistors Beware

The Occupy Central Hong Kong protests have been a very hot topic in the news as of recent. It is a well known fact that these protests will affect sales seeing as though the stores in the protest areas aren’t easily accessible any more. However, these protests have the potential to negatively affect sales more than previously expected. According to this article, the protests happen to coincide with the Chinese holiday, “Golden Week.”

Golden week being celebrate in China

During this holiday, many mainland Chinese travel to Hong Kong and engage in exuberant spending. Because of the protests, it is expected that store owners will miss out on $2 billion Hong Kong dollars. However, it is impossible to determine how much this will actually cost the people of Hong Kong. In fact, travel warnings are being issued out to many countries telling them to avoid the protest areas so it’s really hard to tell what the actual economic repercussions will be. Although its unfortunate that the holiday and the protests line up in such a way, it’s rather interesting to see how this will affect the Hong Kong economy. However, it will really hurt store owners in the areas of protest.

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