DraftFCB ends eight-year Hong Kong Tourism Board relationship

HONG KONG - DraftFCB will not contest the Hong Kong Tourism Board's upcoming advertising tender, after ending its eight-year tenure on the account.

The development comes as the HKTB begins exploratory talks with agencies, before it issues a formal tender for the business.

DraftFCB Greater China chairman and CEO Gary Tse confirmed the decision, and said: “We’ve resigned. We’ve had a very enjoyable eight-year relationship but there will be a lot of new challenges and a change of direction during the next term, so maybe it makes more sense for a new agency to start again.”

Earlier this year, the HKTB revamped its management line-up, appointing James Tien as the new chairman, and Anthony Lau and Daisy Lam as executive director and deputy executive director, respectively.