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There
are lots of hotels in Hong Kong especially in tourist areas like
Tsim Sha Tsui,
Causeway
Bay, Jordan,
Yau Ma Tei, Mongkok,
and Wanchai.
They vary quite a bit in prices and even have different prices
in different periods - all depending on the demand and supply.
For example, when there are some big conventions or exhibitions
going on in the territory, the prices shoot up.
(Left:
The
Peninsula hotel in Tsim
Sha Tsui viewed from the Tsim
Sha Tsui waterfront across the street.)
The expensive real estate in Hong Kong translates to smaller living space, and that includes hotel rooms. I don't know of any japanese-style "capsule hotels" in HK, but some budget hotels certainly don't have room for you to do cartwheels. And since different hotels call their rooms differently (some call their smallest standard size room "deluxe"), it's hard to know really how big they are until you're there. Just remember: you get what you pay for - sometimes even less!
(2010.8.28)
- TIPS -
With so many hotels in Hong Kong, how should you choose? Well,
we can give you a few tips on the location, room size, and view.
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Hotels in different areas 
Central Since Central is the central business district of HK, it's prime land, hotels there are those of 4 stars and up.
These are some of them:
Admiralty Being an area next to Central, Admiralty also has very nice hotels.
- JW Marriott Hotel
- Conrad
- Shangri-La
Wanchai Slightly farther away from Central but adjacent to Causeway Bay, Wan Chai has a mix of hotels of different grades. But it has some nice harborview hotels.
- Grand Hyatt Hong Kong Hotel
- Renaissance Harbor View
- Luk Kwok Hotel
- Novotel Century Hotel
Causeway Bay If you like to shop, staying in a hotel in Causeway Bay would mean saving much travel time.
Tin Hau Being just next to Causeway Bay, Tin Hau is just a hop, skip, and a jump from the neon lights and buzzling crowds.
Fortress Hill
North Point
Tsim Sha Tsui Tsim Sha Tsui, aka TST, has lots of hotels of all kinds and plenty of shopping and tourist attractions. Besides,
it's just a Star Ferry ride to the Hong Kong Island.
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