Hong Kong’s food and beverage sector recorded a 10 per cent year on year drop in business over the Christmas period, an industry leader said, as 1.2 million trips were made through the city’s borders on the first day of the long holiday.
But the city’s hospitality sector appeared to fare better, with one hotel group saying two of its properties recorded more than 90 per cent occupancy and a slight 5 per cent increase in room tariffs.
Simon Wong Ka-wo, president of the Hong Kong Federation of…
Source: Hong Kong restaurant sales drop 10% over Christmas as cross-border trips hit 1.2 million
