Hong Kong’s restaurant ranks expand faster than before Covid-19, as eateries prove more resilient than retail


811e3dad-1443-4161-85d0-ee38feea8604_e5b8aa49

Hongkongers’ appetite for dining out amid travel curbs has made restaurants the city’s most resilient retail segment, with the number of operators growing slightly faster during the Covid-19 pandemic than during the preceding years, according to the latest report from CBRE.

The number of licensed restaurants grew 3.9 per cent to 17,200 from 2020 through October 2022, slightly faster than the 3.8 per cent growth recorded from 2017 through 2019, the property consultant said in a report released on Wednesday.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

SCMP , Hong Kong , Restaurants

   

Next In Aseanplus News

China doctor disciplined for Olympic champion medical leak after getting autographs
Stay resilient, Marcos advises Filipinos in New Year message
Blaze at beachside restaurant in Chonburi causes New Year revellers to flee
Musa Aman sworn in as 11th Sabah Yang di-Pertua Negeri
S. Korea investigators vow to execute Yoon arrest warrant
Nepal's kung fu nuns kick off reopening of nunnery to public after five years
China's Xi says no one can stop China's 'reunification' with Taiwan
S. Korea says initial data extracted from Jeju Air crash black box voice recorder
Blackpink's Lisa ushers in 2025 at Bangkok countdown
Malaysia's economic momentum to continue into 2025, GDP to grow 6%

Others Also Read