Hong Kong News

Nonpartisan, Noncommercial, unconstrained.
Friday, Jul 19, 2024

Mixed business seen in eateries and bars

Mixed business seen in eateries and bars

Restaurant operators are pessimistic about business at Christmas despite the further relaxation of anti-pandemic measures.
Catering veteran Simon Wong Ka-wo expects Christmas Eve will see a turnover of around HK$300 million, which if correct will be about 80 percent of business from the prepandemic total of HK$450 million.

Bookings do not reflect a festive time for operators, Wong said, as establishments by yesterday had around 50 percent of their capacities booked whereas in pre-Covid years they would have been full in the week before Christmas.

Still, he noted, Christmas Eve looks promising.

But Wong noted that a solid number of banquet bookings have been made for the Lunar New Year holiday period.

He is also hoping authorities can further relax the permitted maximum number for a banquet from the current 240 people and scrap the rapid antigen test requirement.

But bars are expecting a brighter time with improved revenues over the Christmas weekend.

Lan Kwan Fong Association chairman Allan Zeman told The Standard that football's World Cup that ended last night gave business a lift.

"People got used to going out at night as matches were played during the golden hours at bars," he explained.

"We're also assuming a decent business at clubs and bars as the mood is much better since 0+0 launched," he added, referring to last week's scrapping of the amber code system for overseas arrivals.

Still, proof of vaccination is still required for entry to designated premises including restaurants and bars.

And the border with the mainland remains closed.

As it is, Zeman sees the mood continuing during Christmas with a 10-15 percent growth of business in bars compared to pre-pandemic times, though it was hard to make forecasts after three years of Covid.

The chairman of the Hong Kong Bar and Club Association, Chin Chun-wing, said World Cup-linked activity tournament will have brought a total revenue of HK$700 million - up about 20 percent on pre-pandemic levels.

Chin also said lifestyles have changed drastically during the three years of pandemic.

Bars in districts including Tsuen Wan and Yuen Long had a better revenue thanks to local youngsters than those in places such as Causeway Bay and Tsim Sha Tsui due to the lack of tourists.

Shopping malls are meanwhile looking to festive growth in business during the year-end peak season.

Fifteen malls under Sun Hung Kai Properties have already recorded a 20-percent increase in shopper flows and sales compared to the corresponding period last year.

Related Articles

Hong Kong News
It's always the people with the dirty hands pointing their fingers
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Steve Jobs' Son Launches Venture Capital Firm With $200 Million For Cancer Treatments
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
End of Viagra? FDA approved a gel against erectile dysfunction
UK sanctions Russians judges over dual British national Kara-Murza's trial
US restricts visa-free travel for Hungarian passport holders because of security concerns
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Political leader from South Africa, Julius Malema, led violent racist chants at a massive rally on Saturday
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
'I am not your servant': IndiGo crew member, passenger get into row over airline meal
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Spanish Citizenship Granted to Iranian chess player who removed hijab
US Senate Republican Mitch McConnell freezes up, leaves press conference
Speaker McCarthy says the United States House of Representatives is getting ready to impeach Joe Biden.
San Francisco car crash
This camera man is a genius
3D ad in front of Burj Khalifa
Next level gaming
BMW driver…
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.