Paul Chan, Hong Kong's financial secretary, has previously said that the city's mass demonstrations had hurt local merchants. Many retail and food and beverage businesses have reported a drop in customers, he added.
"For foreign companies and tourists, Hong Kong seems to have become turbulent and insecure, affecting their desire to travel, do business and invest in Hong Kong," Chan said.
The Langham Hospitality Group, a luxury hotel operator in the city, said in a statementthat "certain segments at our Hong Kong hotels have seen a slowdown."
"We advise our guests that Hong Kong is still safe to visit and conduct business," said Serene Tan, the group's director of public relations. "The recent protests ... in the longer term will not pose a threat to Hong Kong's economy and global standing as one of the top travel destinations of the world.
"The city has experienced similar protests before and has always proven to be resilient."
Luxury hotel Island Shangri-La, located in the city's Central district, said it had seen some "cancellations from our overseas leisure, group and corporate guests."
"We have also seen a decline in the number of local patrons coming to our restaurants and outlets," Carol Kong, spokesperson for the hotel said.