logo
#

Latest news with #localconsumption

10% year-on-year sales boost expected for Hong Kong eateries on handover holiday
10% year-on-year sales boost expected for Hong Kong eateries on handover holiday

South China Morning Post

time01-07-2025

  • Business
  • South China Morning Post

10% year-on-year sales boost expected for Hong Kong eateries on handover holiday

Hong Kong's restaurant industry is anticipating a 10 per cent boost in business on Tuesday compared to last year, with an industry leader noting that the increased number of over 3,800 eateries offering discounts to celebrate the city's handover to Beijing will spur local consumption and help ease the sector's woes. Advertisement Simon Wong Ka-wo, president of the Hong Kong Federation of Restaurants and Related Trades, expressed optimism as the city celebrated the 28th anniversary of its return to Chinese sovereignty on Tuesday. 'The different discount packages offered by restaurants and shopping malls will encourage more residents to consume,' Wong told the Post, noting that the number of participating restaurants had jumped from 2,000 last year to 3,800 this year. The offers, including a 29 per cent discount at Hong Kong-style cafe chain Tai Hing and its 15 sister restaurant chains, led to bustling scenes at eateries across the city. At Tai Hing's Tsuen Wan branch, there was a constant queue of over 20 people, with the number at times exceeding 30. Its Causeway Bay outlet was packed with diners early in the morning. Advertisement Other businesses such as Chinese teahouse All Forum and bakeries such as Arome also took part in the promotional campaign by offering discounts.

10% year-on-year sales boost expected for Hong Kong eateries on handover holiday
10% year-on-year sales boost expected for Hong Kong eateries on handover holiday

South China Morning Post

time01-07-2025

  • Business
  • South China Morning Post

10% year-on-year sales boost expected for Hong Kong eateries on handover holiday

Hong Kong's restaurant industry is anticipating a 10 per cent boost in business on Tuesday compared to last year, with an industry leader noting that the increased number of over 3,800 eateries offering discounts to celebrate the city's handover to Beijing will spur local consumption and help ease the sector's woes. Advertisement Simon Wong Ka-wo, president of the Hong Kong Federation of Restaurants and Related Trades, expressed optimism as the city celebrated the 28th anniversary of its return to Chinese sovereignty on Tuesday. 'The different discount packages offered by restaurants and shopping malls will encourage more residents to consume,' Wong told the Post, noting that the number of participating restaurants had jumped from 2,000 last year to 3,800 this year. The offers, including a 29 per cent discount at Hong Kong-style cafe chain Tai Hing and its 15 sister restaurant chains, led to bustling scenes at eateries across the city. At Tai Hing's Tsuen Wan branch, there was a constant queue of over 20 people, with the number at times exceeding 30. Its Causeway Bay outlet was packed with diners early in the morning. Advertisement Other businesses such as Chinese teahouse All Forum and bakeries such as Arome also took part in the promotional campaign by offering discounts.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store