This past week Hong Kong was flooded with large crowds of shoppers. The city experienced and witnessed a tremendous shopping spree that remains matchless in the recent history. It was the famous Golden Week of Hong Kong.
The Hong Kong Tourism Board has reported that more than 600,000 people arrived from mainland China on the initial six days of Golden Week, which is the highest number in almost five years.
Most of the Hong Kong’s malls were converged with humanity. The popular designer stores such as Gucci, Louis Vuitton and Chanel saw massive crowd that was managed by security guards and barriers. And all this madness makes sense as there is no sales tax or other taxes in the region which enables people to indulge themselves into a variety of luxury goods.
Most shoppers land up in Hong Kong with huge empty suitcases which they stuff up with their purchases. It is almost a steal for the shoppers given the affordability of some of the most luxurious brands in the world.
The retailers in Hong Kong also do their part by offering exclusive discounts and organising promotional events. Additionally, for the convenience of mainland shoppers, the retailers put up signs in simplified Chinese rather than traditional Chinese used in Hong Kong.
Hong Kong is one of the world’s most popular destinations for year round holidays and has also emerged as one of the world’s best places to shop. Shopping, travel and hospitality businesses including Hotels in Hong Kong do brisk business during such events. Founded in 1999 to promote domestic tourism in China, Golden Week occurs twice in a year. Golden Week is one of the times when the country’s tourist destinations see a surge in travel activity and are at their colourful best. Golden week is one of the two 7 days national holiday periods and coincides with the nation’s national day on 1st October.