The operator of Hong Kong’s trams has proposed raising adult fares by 10 per cent – or 30 HK cents – to HK$3.30, saying passenger volume has yet to return to pre-pandemic levels.
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Under a proposal submitted to transport authorities by Hong Kong Tramways on Tuesday, adult fares will be increased from the current HK$3.
Concessionary fares for children aged between three years and 12 will rise from HK$1.50 to HK$1.60, an increase of 6.7 per cent, and for elderly residents above 65 years from HK$1.30 to HK$1.50, up 15.4 per cent.
The price of monthly tickets will remain unchanged at HK$260.
The French-owned company said the proposed increases were to ensure the long-term operation and development of the city’s famed trams, which run on Hong Kong Island between Kennedy Town and Shau Kei Wan, with a branch to Happy Valley.
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“Farebox revenue remains a critical income stream alongside commercial partnerships, despite ridership lingering over 15 per cent below pre-pandemic 2018 levels,” Hong Kong Tramways said.