Hong Kong Island has long been a popular destination in Asia. A city that never gets dark because you can see various colored lights of the skyscrapers light up every night. It may be a small destination, but the bustling concrete jungle offers plenty of fascinating activities, alluring dining options, lively entertainment, and popular shopping galore to keep you busy. The island consists of four regions such as Central and Sheung Wan (Western District), Wan Chai and Causeway Bay, Northeastern Point, and Island South. In this blog post, I’ve handpicked the top ten cheap hotels on Hong Kong Island specifically in Sheung Wan, Central, and Wan Chai to help you from scrolling and searching for accommodation.

Since there are tons of things to see and do on the island, there’s no doubt you’ll enjoy your trip to Hong Kong. Although staying on the island is expensive compared to the Kowloon region, there are still affordable hotels for you to save your travel budget. For such a small island, Hong Kong has no shortage of hotels and it can be challenging and difficult to choose the one that will make for the perfect base for your visit. In this article, I’ve put together a list of the best cheap hotels on Hong Kong Island for you when you’re looking for accommodation that doesn’t break your budget. Whether you’re looking for some privacy, a great location, or near some famous attractions, I have put the hotels into different categories to ensure that you pick the right accommodation for you.



But if you are confused or undecided about which area to stay on Hong Kong Island, here’s a quick checklist for you!

  • Hong Kong Central: If you want to party at Lan Kwai Fong, wonder the street arts on Hollywood Road, check out some antiques, and shop in SoHo, then you might want to stay in Central and Sheung Wan.
  • Wan Chai: If you are a history buff and want to visit the Hong Kong Convention and Exhibition Center, appreciate Hong Kong Arts Center, and see the famous Bauhinia Square, Wan Chai are is the right place for you.


Sleeep** 8.7- Fabulous$33
Ibis Hong Kong Central & Sheung Wan***8.2- Very Good$52
Wanchai 88****8.5-Very Good$49
Holiday Inn Express Hong Kong Soho***8.4- Very Good$60
Kew Green Hotel Wanchai Hong Kong****8.4- Very Good$69
The Emperor Hotel****8.1- Very Good$55
Iclub Sheung Wan Hotel****8.2- Very Good$53
Burlington Hotel****8.5- Very Good$58
Travelodge Central, Hollywood Road***8.1- Very Good$51
The Bauhinia Hotel-Central***8.5- Very Good$61


Ibis Hong Kong Central & Sheung Wan (Best Harbor View): If you’re looking for a budget hotel that offers rooms with a harbor view, look no further and stay in Ibis Hong Kong Central & Sheung Wan. A well-maintained boutique hotel with an amazing breakfast. The best feature of the property is probably the excellent view of the harbor plus the customer service. Their staff do a great job of taking care of their guests’ needs. This is a best-rated cheap hotel in Hong Kong so many repeat guests love to stay in this hotel. Personally, I like that the property is just moments away from a beautiful park called Sun Yat Sen Memorial Park where locals go for picnics and walks. From its great facilities, convenient location, excellent Wi-Fi connection to a comfortable stay, everything is value for money at Ibis Hotel. This is undoubtedly the most popular hotel for budget travelers.

Click Here to check the best current rates and availability of Ibis Hong Kong Central & Sheung Wan.

Wanchai 88 Hotel (Spacious Rooms): Are you looking for a 4-star hotel that offers budget-saving rooms on Hong Kong island? Then you might want to check out Wanchai 88. As the name suggests, it is literally situated in Wan Chai area. This affordable 4-star hotel is located 15 minutes away by train from Hong Kong Central. For $49 a night, you can grab yourself a Superior Twin Room with a city view and free Wi-Fi. The hotel rooms are more spacious and quite airy compared to other affordable hotels in the hustle and bustle. It is also close to some popular attractions in Wan Chai. With its great service, comfy beds, central location, Wanchai 88 is by far one of the best hotels on Hong Kong island. 

Click Here to check the best current rates and availability of Wanchai 88 Hotel.

Holiday Inn Express Hong Kong Soho (Perfect Location): This hotel is very near to Macau Ferry Terminal making it a perfect base if you want to make a quick visit to Macau. Holiday Inn Express is also a few blocks away from Western Market and Sheung Wan station. All rooms are equipped with everything you need including a work desk and an ergonomic chair. The property has a laundry service and it is handicapped-friendly. What I love about this hotel is its awesome location as it is close to many shops and affordable restaurants. For a 3-star hotel like Holiday Inn Express Hong Kong Soho, you can get a lot for what you paid here. I highly recommend this property to everyone.

Click Here to check the best current rates and availability of Holiday Inn Express Hong Kong Soho.

Sleeep (Backpackers Pick): If you want to experience sleeping in a capsule hotel and also want to save your money for accommodation, then perhaps you should check out Sleeep. As the name suggests, this 2-star capsule hotel is perfect for backpackers looking for a budget hotel yet cozy enough to have a good night’s sleep. What’s more, every guest can also get a feeling of serenity here even if it is located centrally. The proximity to everything the city has to offer is perfect. The hotel has minimalist-style capsule rooms fitted with USB and plug sockets so it’s great for travel bloggers. This hotel is perfectly designed, very reasonable, and eco-friendly. The key-less access to your room is a bonus. I loved the little touches and definitely recommended for backpackers or solo travelers.

Click Here to check the best current rates and availability of Sleeep.

Kew Green Hotel Wanchai Hong Kong (Great Value for Money): Formerly known as Metropark Wan Chai, Kew Green Hotel Wanchai can easily be seen as one of the reasonable hotels in Hong Kong Island. It is located in the heart of Wan Chai’s luxury shopping and entertainment district. It is also a stone throw away from the subway station. The hotel showcases 173 chic rooms with free Wi-fi, flat-screen TV, mini-fridges and more. The property also has 24-hour room service and each guest can benefit the complimentary travel smartphone with unlimited mobile data and hotspot plus free international calls. So you can’t only get around the city conveniently but also can get in touch with your family and friends back home. There are also heaps of restaurants outside the hotel so you won’t have a problem in terms of getting a good meal. Overall, it’s a great place to stay and highly recommended.

Click Here to check the best current rates and availability of Kew Green Hotel Wanchai Hong Kong.

The Emperor Hotel (Excellent Service/Amenities): Set in Wan Chai area, The Emperor Hotel is a wrap up of a budget and luxury experience. The hotel is very accessible to everything from shopping, dining, to public transportation. The property offers 299 rooms ranging from superior rooms to executive rooms and each room is designed for every guest’s comfort and relaxation. The hotel provides a free shuttle service that also allows guests to connect to Causeway Bay, Wan Chai, and Central. The property has a lush garden as well as a Michelin-star in-house restaurant called Golden Valley. It is very accessible as it is only a 10-minute train ride to get to Central. The Emperor Hotel is ideal for travelers who want to spend a few nights in Hong Kong Island.

Click Here to check the best current rates and availability of The Emperor Hotel.

Iclub Sheung Wan Hotel (Value for Money): This hotel is ideal for tech-savvy travelers. Nestled in Sheung Wan, a vibrant neighborhood in Hong Kong Island, Iclub Hotel provides guests a high-tech and convenient experience. This hotel uses mobile key technology and has numerous affordable and comfy rooms. Each room is immaculately clean with a city view and also fitted with a work desk and an ergonomic chair. Location wise, it’s fantastic! It is within proximity to everything including shopping and transportation. The 24-hour gym is a bonus. Breakfast is included in your stay so it’s excellent value for money. Plus you don’t need to worry about getting food as there are plenty of restaurants around the hotel. For a pleasant and affordable stay in Hong Kong, you can’t fault Iclub Sheung Wan Hotel.

Click Here to check the best current rates and availability of Iclub Sheung Wan Hotel.

Burlington Hotel (Excellent Location): Considering the excellent location and design of Burlington Hotel, this 4-star property is an outstanding value for the money. Just moments away from Hong Kong Convention and Exhibition Center, close to Wanchai MTR station, and right on the main strip of Wan Chai, you’ll be able to walk everywhere you want to go! It’s not only about the location that makes this hotel stands out, but it also offers affordable rooms for guests traveling in a tight budget. For a 4-star property, Burlington Hotel’s room rates are a bargain by Hong Kong standards. The interior design is very elegant and the front desk is open round the clock. This hotel is perfect for a night stay on Hong Kong island. 

Click Here to check the best current rates and availability of Burlington Hotel.

Travelodge Central, Hollywood Road (Quieter Location): If you are a history buff and looking for a place to stay in Hollywood Road area, then this hotel is ideal for you. Travelodge Central is a cozy and artsy hotel nestled between Sheung Wan and Central with city design and vibe. The area is surrounded by several artisan coffee shops, modern art galleries, and even antique shops. It’s an ideal place to stay without an extravagant price tag. The complimentary smartphone provided when you explore the city is an extra treat. You can book either superior, deluxe, and premier rooms with city views and with the choices of 1 large double bed or 2 single beds. There are many popular attractions around the area including the infamous Upper Lascar Row, Hollywood Road, Man Mo Temple, IFC Mall, SOGO and Timesquare at Causeway Bay, and Star Ferry Harbour Tour.

Click Here to check the best current rates and availability of Travelodge Central, Hollywood Road.

The Bauhinia Hotel- Central (Bigger Rooms): Just around the corner of Sheung Wan’s business area, The Bauhinia Hotel stands proudly in the hustle and bustle. It is one of the affordable hotels in Hong Kong island but doesn’t economize its facilities. It has laundry and dry cleaning facilities as well as a fitness center. The rooms at Bauhinia Hotel are quite bigger compared to other cheap hotels on the island. Despite being located centrally and exposed to all the noise of the traffic, I did not have an issue sleeping in the room at all. It’s in a safe neighborhood and the room rates are excellent. With its great proximity to the local station, you are just a hop away from all the action at The Bauhinia Hotel- Central. If you miss the train, you can easily walk from the hotel to Central. I highly recommend this to every traveler.

Click Here to check the best current rates and availability of The Bauhinia Hotel- Central.


Before I arrived in Hong Kong, I pre-booked my 4G sim-card for pick-up at the airport. It gives you unlimited data for 5 days of traveling in Hong Kong at 4G speeds. As soon as I arrived at the airport, I walked to the stall, the guy put in my new sim-card and activated it and I was connected from the very first moment. You can Click Here to pre-book your 4G sim-card here and you’ll be surprised it’s actually cheaper to book it in advance.

Book yours now: Pre-Book 5-days Unlimited Data 4G Sim Card


You will need to purchase an ‘Octopus Card’ and then you reload it at the machine at the subway station. I pre-ordered my octopus card through Klook, which meant that when I arrived at the airport I simply picked the card up at the Klook counter and caught the train to my accommodation. It saved me from catching an expensive taxi and figuring out the Octopus card later.

You simply scan in at the station you enter and scan out where you exit and the fee is deducted from your card. On the bus, you will pay a fee depending on how much of the route is left and you only scan the card once for a fixed rate. I found moving around in Hong Kong very cheap, efficient and safe.

Click Here to pre-order your Octopus Card with 100 HKD credit loaded onto the card. Pick-up at the airport desk. 100HKD is good for 6-8 train rides and then you can top it up as you go.

Book yours now: HKD 50 Pre-loaded Octopus Card


The airport in Hong Kong is on Lantau Island, which is about 40-minutes away from Hong Kong Central and 30-minutes away from Kowloon. If you don’t want to bother with public transport, you can book a private transfer that will pick you up at the airport and drop you to your hotel (or vice versa picking you up at your hotel and dropping you to the airport). It’s actually not that expensive and can save you valuable time. The cheapest option is actually the coolest and is in a Tesla car, which is pretty cool. I did this to and from the airport for less than $40.

Book yours now: Hong Kong Airport Transfer in Tesla


A complete guide to the best things to do: 27 AWESOME THINGS TO DO IN HONG KONG

My favorite hikes in Hong Kong: 21 AWESOME HIKES IN HONG KONG


The biggest ever guide for where to stay in Hong Kong: WHERE TO STAY IN HONG KONG: BEST AREAS & HOTELS


The most luxurious places to stay: THE TOP 10 LUXURY HOTELS IN HONG KONG (5-STAR LIST)




Leave a Comment

Your email address will not be published.