'Restaurants Lose Business As HKers Travel Abroad'

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2023-04-10 HKT 12:34

Share this story

facebook

  • Simon Wong, a catering sector representative, says a new round of consumption vouchers should help their business. File photo: RTHK

    Simon Wong, a catering sector representative, says a new round of consumption vouchers should help their business. File photo: RTHK

A catering sector representative said on Monday that restaurants have seen a 15 percent slump in trade over the Easter holiday, when compared to just before the break.

The head of the Federation of Restaurants and Related Trades, Simon Wong, said that’s because many Hongkongers have travelled abroad over the long weekend.

He added that poor consumer sentiment is also to blame.

"I have talked to several restaurant owners and operators, and they told me that their business had dropped by at least 30 percent in the evening, especially for the Chinese restaurants," Wong told RTHK.

But he pointed out that a new round of consumption vouchers, to be distributed on Sunday, should provide some help.

"This will be a boost to the economy, especially for the catering and retail business, and I expect that we will get about 25 or at least 20 percent of the share."

Wong also noted that the number of mainland visitors coming to Hong Kong is still substantially lower than pre-Covid levels, and the city needs to do more to attract overseas tourists.

RECENT NEWS

Fraud & AML In Asia: What Banks Need To Know In 2026

Fraud and AML in Asia have shifted over the past year. Alongside the system-level attacks that continue, panellists poi... Read more

Hong Kongs Total AUM Hits Record HK$42.2 Trillion In 2025

According to the Securities and Futures Commission (SFC), Hong Kong’s total assets under management (AUM) reached a r... Read more

Hyundai Card Leverages Apple Pay To Target Gen Z Users

Hyundai Card launched six new debit and hybrid cards tailored to Apple Pay users in April. The South Korean issuer is t... Read more

DBS And Samsung Securities Partner For Global Wealth Expansion

DBS has signed a MoU with South Korea’s Samsung Securities to establish a strategic partnership in wealth management.... Read more

RedotPay Selects OpenPayd For Treasury Operations And Global Remittances

RedotPay has selected OpenPayd to enhance its treasury operations and cross-border remittance services. The company wil... Read more

JCB Rolls Out Contactless Transit Payments Across Taipei Metro

JCB has rolled out contactless payment acceptance on the Taipei Metro. The integration allows cardholders to tap physic... Read more