12 BEST New Hotels in Hong Kong for 2026 (with great value for money!)
- Ricky
- Jun 18
- 8 min read
As a Hong Kong local, my overseas friends always ask me for budget-friendly yet decent hotel recommendations in Hong Kong. I've gathered this list of the best new hotels in Hong Kong, all located right next to MTR stations in the heart of Kowloon or Hong Kong Island, some of which start at around just $250 per person. Read on to find the perfect stay for your trip!
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Best New Hong Kong Hotels at a Glance
Before we dive into all 12 new Hong Kong hotels, here are my top picks to consider first - all within a 5-minute walk from the MTR. Those marked with "⭐️" are my overseas friends' favorites. Use the table below to quickly compare prices and room sizes:
Hotel | Ref Price | Check Price | Min. Size | 5min to MTR | Remarks |
📍 Kowloon - Best Hub for Shopping, Dining, and Transit | |||||
⭐️ Hotel Benito⇨ Details | HK$950 | 17㎡ | ✓TST station | Built in 2025Very close to MTR exit | |
⭐️ Mondrian Hong Kong⇨ Details | HK$1,350 | 21㎡ | ✓TST/East TST station | Built in 2023 | |
WAKE Concept Hotel⇨ Details | HK$540 | 11㎡ | ✓Yau Ma Teistation | Opened in 2023Very close to MTR exit | |
⭐️ Hotel 1936⇨ Details | HK$800 | 18㎡ | ✓Prince Edwardstation | Built in 2020Very close to MTR exit | |
📍 HK Island - Best Hub for Old Hong Kong Charm | Min. Size | 5min to MTR | Remarks | ||
Motto by Hilton Hong Kong SoHo⇨ Details | HK$1,250 | 20㎡ | ✓Sheung Wanstation | Opened in 2025 | |
Lander Grand Hotel⇨ Details | HK$700 | 16㎡ | ✓Sheung Wanstation | Built in 2022 | |
⭐️ Hopewell Hotel⇨ Details | HK$1,300 | 30㎡ | ✓Wan Chaistation | Built in 2024 | |
⭐️ Hotel Alexandra⇨ Details | HK$800 | 21㎡ | ✓Fortress Hillstation | Built in 202110-15min to Causeway Bay / Central | |
Our picks of the best HK Deals:
Kowloon - Best Hub for Shopping, Dining, and Transit:
1. Hotel Benito built in 2025!
Opened in 2025, Hotel Benito sits right in the bustling heart of Cameron Road. It is incredibly convenient for exploring, with popular spots like K11 Art Mall, The ONE, and endless restaurants all within a 5-minute walk. Best of all, you are just a 1-minute stroll from MTR Exit B2, and the A21 airport bus stops right around the corner.
The hotel offers double and twin rooms starting at 17m². All rooms are equipped with built-in USB and Type-C charging ports at the bedside.
2. Mondrian Hong Kong built in 2023!
Mondrian Hong Kong opened its doors in December 2023 right in the heart of Tsim Sha Tsui, just a 1-minute walk from MTR Exit N1. You are surrounded by endless dining options, with K11 Art Mall only one block away. Plus, iconic spots like K11 MUSEA and the Avenue of Stars are also an easy 10-minute stroll.
Rooms range from 21-32m² and come standard with built-in USB and Type-C bedside ports. Try to score a high-floor room for incredible, unobstructed views of Victoria Harbour.
More Hong Kong Guide:
3. Sheraton Hong Kong Hotel & Towers
Renovated in 2022, Sheraton Hong Kong Hotel & Towers sits right on the Tsim Sha Tsui waterfront, boasting stunning views of Victoria Harbour. The location is unbeatable - just cross the street to reach K11 MUSEA and the Avenue of Stars. It is a quick 2-minute walk to MTR Exit L2, with easy underground access to both East Tsim Sha Tsui and Tsim Sha Tsui stations.
Rooms start from a spacious 27m² and offer either harbour or city views. Every room comes with a bathtub, alongside built-in USB and Type-C bedside charging ports.
4. WAKE Concept Hotel
Opened in 2023, WAKE Concept Hotel is a fantastic budget-friendly option. It's just a 2-minute walk from Yau Ma Tei Station Exit C (which has an elevator!) and only steps away from the A21 airport bus stop. Plus, you can easily walk to Temple Street, the Old Yau Ma Tei Police Station, and Mong Kok’s bustling Sai Yeung Choi Street South in under 10 minutes.
The hotel offers double and twin rooms starting from 11m². While they are on the smaller side, they feature a under-bed storage space so you can have more room to walk around.
Our picks of HK's best new attractions:
5. Hotel 1936 budget-friendly!
Opened in December 2020, Hotel 1936 is just a 2-minute walk from MTR Prince Edward Station Exit B2. It sits right by unique local markets like Goldfish Street and the Flower Market, surrounded by local restaurants and street food. The hotel's base is a beautifully restored 1936 pre-war shophouse, with historic spaces preserved on the lower floors for a truly unique boutique stay.
The hotel offers double and twin rooms starting at 19m², with half of them looking out over the Flower Market. If you want an open view, book a "Grand Classic" room and request one facing the market side!
6. Urbanwood Hung Hom
Fully renovated in 2024, Urbanwood Hung Hom is just a 5-minute walk from MTR Ho Man Tin Station Exit B1, putting you only two stops away from Tsim Sha Tsui and Mong Kok. The surrounding Hung Hom area is a fantastic hub for authentic local shops, making it incredibly easy to step downstairs and sample all kinds of cheap, delicious eats.
Rooms are on the smaller side (starting from 12m²). If you are traveling in a group, booking the 4-person twin family room (41m²) is more economical than getting two separate rooms. Plus, it comes with a bathtub!
More Hong Kong Guide:
7. Townplace West Kowloon
Opened in October 2023 along the West Kowloon waterfront, Townplace West Kowloon is just a 5-minute walk from MTR Nam Cheong station Exit B. It's only 7 minutes away from Tsim Sha Tsui and under 30 minutes from Disneyland. Selected rooms boast wide-open harbor views, and guests have access to a massive gym and a rooftop infinity pool overlooking Hong Kong Island.
Standard double rooms range from 22-30m² and come equipped with built-in USB ports. There are also spacious 1 to 3-bedroom suites (41-79m²) available, making it a breeze for group travelers who want their own private rooms while staying together!
The rooftop infinity pool offers a spectacular vantage point, letting you take in panoramic views of both the West Kowloon and Hong Kong Island skylines.
Our picks of the best HK Deals:
HK Island - Best Hub for Old Hong Kong Charm:
8. Motto by Hilton Hong Kong SoHo
Opened in August 2025, Motto by Hilton Hong Kong SoHo is a fresh, highly cost-effective international brand option in Sheung Wan. It is just a 3 to 5-minute walk from MTR Sheung Wan Station Exit A and the tram stop, with a 7-Eleven right downstairs and plenty of dining options nearby. You can also easily stroll over to Central in about 10 minutes.
Standard rooms start at a cozy 20m² and feature smart TVs with direct access to YouTube, Netflix, and Disney+. Family options can host up to four guests, while select high-floor rooms offer great harbor views.
9. Lander Grand Hotel budget-friendly!
Completed in 2022, Lander Grand Hotel is one of the most cost-effective hotels on Hong Kong Island. While it doesn't offer any public facilities, it wins big on affordable pricing and an incredibly convenient location. It is just a 5-minute walk to MTR Sheung Wan Station and the A11 airport bus stop, right across the street from the Hong Kong-Macau Ferry Terminal, and has a tram stop right outside.
The hotel offers a variety of double and triple rooms, with one side of the building looking out over Victoria Harbour. Though some travellers have noted that the housekeeping can be a bit hit-or-miss, it's still a good choice if location is your main priority.
10. Hopewell Hotel
Completed in late 2024, Hopewell Hotel is just a 4-minute walk from MTR Wan Chai Station. It offers convenient transit links, with Johnston Road’s tram stop nearby and a bus stop steps away that takes you straight to The Peak. Built directly on top of Hopewell Mall and sitting right across the street from Lee Tung Avenue, its location is perfect for shopping and dining.
All rooms are located on the 24th floor or higher, offering wide-open harbor or mountain views. Standard rooms offer a generous 30m² of space and come equipped with built-in USB and Type-C charging ports.
11. AKI Hong Kong - MGallery
AKI Hong Kong - MGallery, which opened in 2022, sits right between the bustling districts of Wan Chai and Causeway Bay. It is a convenient 6 to 8-minute walk to both MTR Exhibition Centre and Wan Chai stations, and even closer to the tram stop - just 2 minutes away. You will find plenty of restaurants right downstairs, including the popular local eatery, Waso Cafe (華嫂冰室).
All rooms are strictly king configurations (16-26m²), featuring a sophisticated Japanese minimalist wood style. Select layouts even include a rare Japanese tatami seating area, and the smart TVs let you stream YouTube directly!
12. Hotel Alexandra
Completed in 2021, Hotel Alexandra is just a 3-minute walk from MTR Fortress Hill Station and the King's Road tram stop, putting you under 15 minutes away by metro from areas like Causeway Bay, Wan Chai, and Central. The property features an eye-catching, European palace-themed design, filled with crystal chandeliers and gold-accented moldings throughout the lobby and restaurant.
Standard rooms start at 21m², with connecting family rooms available that can host 4 to 6 guests - perfect for families or groups of friends traveling together.
Rooms with views of Victoria Harbour are reasonably priced, often starting around HK$500 per person during the off-season.
Our picks of HK's best new attractions:
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