The full official name of the city is “Hong Kong Special Administrative Region of the People's Republic of China.” It's been referred to as both “Asia's World City” and the “Pearl of the Orient.” While Hong Kong's history dates back to ancient times, its modern history as a major global trade and finance hub began taking shape in the 1970s. Today, it's noted for having the 44th largest economy in the world, which has largely been influenced by Hong Kong's low taxation, free trade, and laissez-faire economic policies.
	 
	
	
		
		When to Visit Hong Kong 
		 Tourists flock to Hong Kong year-round, so regardless of when you plan to visit, book your hotel well in advance. The most reasonable room rates tend to be between the months of October and December. After New Year's, the crowds start to pick up, which leads to increased prices.
		
		Below is a chart of the current pricing seasonality of hotels and motels in Hong Kong, Hong Kong:
		
		
            
            
            
            
            
            
            
            
         
        
		
		
		
	 
	
	
		Averate Rates by Star Rating 
		Below are 3 charts displaying average rate trends by star rating class in Hong Kong, Hong Kong. Analyze these charts to evaluate the most cost effective time period to stay in Hong Kong for any future trips.
		
	 
	
	
		
		Luxury Hotel Options in Hong Kong 
		4 Star Average Prices: £90.10 
		 If you're looking for luxury hotels in Hong Kong, the city offers several unique choices.Kowloon  MTR metro station. Guest rooms feature iPod docking stations, flat-screen TVs, high-speed Internet, and rainfall showerheads. Upgrading to a suite will get you a Nespresso machine, a separate living room, and a premier entertainment system. On-site dining options include a Cantonese restaurant, a trendy bar, and a bistro with buffet. You'll also love the heated rooftop pool  and hot tub, which provides one of the best views in the city.Park  Hong Kong theme park and the Happy Valley Racecourse. Guest rooms and suites boast all the latest entertainment amenities, including iPhone docks, as well as minibars, Nespresso machines, whirlpool tubs, and views of the skyline or harbour. The luxury hotel also features a ballroom, three restaurants, two bars, and spa services.Mandarin Oriental , Hong Kong, which is just a four-minute walk from the nearest metro station. The accommodation boasts posh rooms with marble bathrooms, sitting areas, Nespresso machines, free Wi-Fi, designer toiletries, flat-screen TVs, and incredible views. Some suites add freestanding tubs and butler services. You'll also enjoy the two casual eateries, four gourmet restaurants, three bars, and a bakery on site.
		
		 
	
	
		
		Affordable Hotel Options in Hong Kong 
		3 Star Average Prices: £72.47 
		 Finding an affordable hotel in Hong Kong is easier than you might think. Silka West Kowloon Hotel  Hong Kong is located in the residential Tai Kok Tsui area. A modest accommodation, it's situated inside a tower block within walking distance of the harbourside and Mong Kok  Station. Enjoy airy guest rooms with free Wi-Fi, mini fridges, flat-screen TVs, and tea and coffee making facilities. You can also opt for the breakfast buffet in the on-site café and the free local shuttle.Best Western Plus Hotel Hong Kong  is a modern high-rise accommodation less than 25 kilometers from Disneyland Hong Kong . The property offers a complimentary breakfast  buffet, on-site café, lounge, fitness center, spa, Chinese restaurant, and business center. Guest rooms feature desks, flat-screen TVs, and coffeemakers.Hong Kong Cultural Centre . Rooms are bright and contemporary and feature flat-screen TVs, free Wi-Fi, mini fridges, and coffeemakers. Upgrading to a suite will also get you a separate living room, sofabed, and city or harbour views. Enjoy free amenities such as a local shuttle service to area attractions, a breakfast buffet, and public Internet area.Tsim Sha Tsui , placing you within walking distance of shopping, dining, and transportation. Unlike many hostels, you'll also enjoy private bathrooms and free Wi-Fi.