Accommodation
Hong Kong has a wide range of accommodation, with the market split three ways:
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Budget offerings include Guesthouses in many central locations and youth hostels and homestays (Airbnb and the like) a little further out.
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Mid-range options dominate with many offerings from international and Chinese chains. Kowloon offers the best bet, but you'll also find them scattered along northern Hong Kong Island.
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Luxury choices generally divide between vast noble offerings like The Penninsula and its modern equivalent like the Ritz-Carlton, Hong Kong. There are also a growing number of smaller, high-end boutique options.
Location