Hong Kong’s restaurant industry is anticipating a 10 per cent boost in business on Tuesday compared with last year, with an industry leader saying the increased number of more than 3,800 eateries offering discounts to celebrate the city’s handover to Beijing will spur local consumption and help ease the sector’s woes. Simon Wong Ka-wo, president…
Hong Kong’s restaurant industry is expecting the wave of business closures to continue into the second half of the year with little hope for a quick turnaround, following a string of shutdowns of well-established chains in the city. “We are worried about the overall situation in the second half of the year,” Simon Wong Ka-wo,…
Hong Kong’s restaurant industry is bracing for the wave of business closures to continue into the second half of the year with little hope for a quick turnaround, following a string of shutdowns of well-established chains in the city. “We are worried about the overall situation in the second half of the year,” Simon Wong…
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…
The news of Ocean Empire, a 33-year-old congee restaurant chain, suddenly shutting down is not surprising. The catering industry has struggled mightily since Hong Kong reopened its borders after the worst of the Covid-19 pandemic, and many local restaurants have bitten the dust. The disrupter of the century so far, the pandemic has permanently changed…
With Hong Kong so focused on attracting top talent and investors, a shortage of other human resources and services can slip under the radar – until gripes about it go public. A case in point is to be found in a Consumer Council report that complaints topped 40,000 for the first time last year, driven…
Hong Kong’s Chinese restaurants enjoyed a 10 per cent rise in business over the Lunar New Year holiday, driven by a boost in consumer spending spurred by festive events and an increase in mainland Chinese visitors due to a revived multiple-entry visa scheme. Simon Wong Ka-wo, president of the Hong Kong Federation of Restaurants and…
Hong Kong’s recent stock market boom has helped to give restaurants a boost in business, while mainland China’s “golden week” holiday has spurred an uptick in occupancy rates at some small and medium-sized hotels, industry leaders have said. They also said on Saturday that hotels were adapting to a change in booking patterns and offering…
Hong Kong’s recent stock market boom has helped to give restaurants a boost in business, while mainland China’s “golden week” holiday has spurred an uptick in occupancy rates at some small and medium-sized hotels, industry leaders have said. They also said on Saturday that hotels were adapting to a change in booking patterns and offering…