Hong Kong restaurant revenues drop over Easter break as departures outnumber arrivals

Hong Kong’s 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 “new...

By Oscar Liu