Hong Kong Dining Revenues Decline During Easter Long Weekend
The catering sector in Hong Kong saw an estimated 6 to 7 percent revenue drop over the Easter long weekend. This decline was attributed to a high number of outbound trips by local residents that outweighed potential gains from mainland Chinese tourists.
Hong Kongโs catering sector registered an estimated 6 to 7 per cent drop in business over the long weekend, according to an industry representative, as potential revenue gains from the 15 per cent increase in mainland Chinese tourists on the first three days of the Easter break failed to offset losses from the 1.7 million outbound trips by local residents. Industry leaders also said on Monday the trend of locals travelling across the border and abroad during long weekends had become a โnew...