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Peak Tram visitors rebound, capacity increase in the works

Business | Mar 20, 2017 20:45
The Hongkong and Shanghai Hotels (0045), which secured operating rights to the Peak Tram for 10 years from January 1, last year, said this allows the company to increase the capacity of the trams and create more waiting areas.
Revenue at the popular tourist attraction dropped by 2 percent to HK$120 million in and patronage declined slightly for the full year 2016, The Hongkong and Shanghai Hotels, Chief Executive Officer, Clement Kwok, (pictured), said today. There has been a pick up in visitors towards the end of the year, with a record number of visitors in December.
Kwok said the group recognized the long queues to board during peak hours can be a source of frustration for visitors and it was working to improve the visitor experience and comfort. "Significant improvement work is expected to begin in 2017 and be completed in 2020,'' Kwok said.


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