Hong Kong’s restaurant industry faces a bleak second half of the year as both low-cost and high-end operators succumb to the economic slowdown, sector leaders have warned, putting part of the blame on the trend of residents heading across the border to spend. Industry representatives gave their grim assessment on Sunday, just days after King…
Hong Kong’s restaurant industry faces a bleak second half of the year as both low-cost and high-end operators succumb to the economic slowdown, sector leaders have warned, putting part of the blame on the trend of residents heading across the border to spend. Industry representatives gave their grim assessment on Sunday, just days after King…
Restaurateurs and retailers in Hong Kong reported increased foot traffic and business throughout the first four days of mainland China’s Labour Day “golden week” break compared with last year, but the number of departing locals was still nearly 50 per cent more than incoming visitors. Data from Hong Kong’s Immigration Department also showed that travellers…
Restaurateurs and retailers in Hong Kong reported increased foot traffic and business throughout the first four days of mainland China’s Labour Day “golden week” break compared with last year, but the number of departing locals was still nearly 50 per cent more than incoming visitors. Data from Hong Kong’s Immigration Department also showed that travellers…
Hong Kong’s restaurants expect a modest 5 per cent rise in business at most during the “golden week” holiday despite visitor numbers increasing by a third over the first two days, as mainland Chinese tourists have tightened their purse strings, industry leaders have said. Hong Kong welcomed 567,928 visitors on Thursday and Friday, the first…
Hong Kong’s restaurants expect a modest 5 per cent rise in business at most during the “golden week” holiday despite visitor numbers increasing by a third over the first two days, as mainland Chinese tourists have tightened their purse strings, industry leaders have said. Hong Kong welcomed 567,928 visitors on Thursday and Friday, the first…
Hong Kong authorities expect the mainland China’s coming five-day Labour Day “golden week” holiday to boost the average number of visitor arrivals heading to the city from across the border each day by 10 per cent. But local business leaders have set their expectations low after the retail and catering sectors performed poorly over the…
Hong Kong business leaders have set their expectations low for the Labour Day “golden week” holiday after the retail and catering sectors performed poorly over the Easter break. Their worries also stemmed from Labour Day landing on a Thursday this year, which encouraged residents to secure a five-day break for travelling outside the city by…
The impact of US port fees on Chinese ships docking in the country may be mitigated by using a Peruvian port for the Latin American market, Hong Kong industry leaders have said, warning that the levy will only cause damage. The remarks made on Saturday were in response to the new port fees announced by…
Some hotels and restaurants are enjoying a business boost of as much as 20 per cent ahead of the Hong Kong Sevens rugby tournament and art mega-events, driving up activity in what is typically a low season for tourism, industry insiders have said. Jack Cheung Ki-tang, a director of CTS HK Metropark Hotels Management, said…