The Intercontinental is on the Kowloon side. A lot of the better hotels are on the Kowloon side, but there are a lot on Victoria Island as well. With the Star ferry routes nothing is really very far removed around HK. It's quick and very inexpensive. We never use cabs when we're in HK, because the ferries, tram and buses are so convenient and run on such a regular schedule. To me, there is more to see and do on the island than around Kowloon. If you haven't been to HK before I'd be more than happy to e-mail you my detailed travelog. Lots of good info in it.