Saturday, September 17, 2011

HONG KONG


Hong Kong (香港) is one of two Special Administrative Regions (SARs) of the People's Republic of China (PRC), the other being Macau.




A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour.

With a land mass of 1,104 km2 (426 sq mi) and a population of seven million people, Hong Kong is one of the most densely populated areas in the world. Hong Kong's population is 95 percent ethnic Chinese and 5 percent from other groups.

Hong Kong's Han Chinese majority originate mainly from the cities of Guangzhou and Taishan in the neighbouring Guangdong province.

Hong Kong became a colony of the British Empire after the First Opium War (1839–1842). Originally confined to Hong Kong Island, the colony's boundaries were extended in stages to the Kowloon Peninsula in 1860 and then the New Territories in 1898. It was occupied by Japan during the Pacific War, after which the British resumed control until 1997, when China resumed sovereignty.

The region espoused minimum government intervention under the ethos of positive non-interventionism during the colonial era. The time period greatly influenced the current culture of Hong Kong, often described as "East meets West", and the educational system, which used to loosely follow the system in England until reforms implemented in 2009.

Under the principle of "one country, two systems", Hong Kong has a different political system from mainland China. Hong Kong's independent judiciary functions under the common law framework. The Basic Law of Hong Kong, its constitutional document, which stipulates that Hong Kong shall have a "high degree of autonomy" in all matters except foreign relations and military defence, governs its political system. Although it has a burgeoning multi-party system, a small-circle electorate controls half of its legislature. An 800-person Election Committee selects the Chief Executive of Hong Kong, the head of government.

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade, and the currency, Hong Kong dollar, is the ninth most traded currency in the world. The lack of space caused demand for denser constructions, which developed the city to a centre for modern architecture and the world's most vertical city.

The dense space also led to a highly developed transportation network with public transport travelling rate exceeding 90 percent, the highest in the world. Hong Kong has numerous high international rankings in various aspects. For instance, its economic freedom, financial and economic competitiveness, quality of life, corruption perception, Human Development Index, etc., are all ranked highly.

From Wikipedia

Read more...

Monday, September 12, 2011

Vacation Rentals at RoomLender

It all started in Chicago a few years back with an empty Loop apartment and some leftover furniture from a former tenant in Rogers Park.

The basic combination of these 3 elements - available apartment, good location, giveaway furniture - gave birth to a simple idea: a hotel manner short term rental for business people who want more than just a hotel room.

The former empty apartment suddenly was never empty; the demand for corporate rentals surpassed every expectation, and the apartment became a money maker.

It appeared that a significant number of business travelers preferred the independent lifestyle, added comfort, and lower cost granted by a corporate rental apartment, then the limitations of a hotel room.

More and more apartments and condos turned into corporate and vacation rentals seattle and the demand stayed high until winter froze both Chicago and the bookings.Another bright idea saved the day: when Chicago was off season, Florida enjoyed full vacation swing; so, new locations and new cities started adding to the Chicago rentals such as vacation rentals seattle. In the following years, the people behind RoomLender became seasoned hosts with a deep understanding of the hospitality industry, but also of remote property management using online tools and Internet marketing to successfully generate consistent business.

Read more...
Related Posts Plugin for WordPress, Blogger...
Powered by  MyPagerank.Net TopOfBlogs Travel Blogs Travel Bookmark and Share
Asia Destination | Travel To Asian Countries By Rating : 5.0
Template by Abdul Munir | Daya Earth Blogger Template