Hong Kong restaurants get up to 15% National Day uptick in sales driven by deals, optimism

Many Hong Kong restaurants enjoyed a bump in business by as much as 15 per cent on Tuesday driven by National Day celebratory offers including discounts of up to 30 per cent at over 3,600 outlets.

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Michael Leung Chun-wah, chairman of the Association for Hong Kong Catering Services Management, said the city’s catering industry had enjoyed a 10 to 15 per cent increase in business.

“The restaurants’ promotional offers have made an impact,” he said. “The flow of patrons increased especially at housing estates while restaurants’ overall business has improved. We are all happy with the performance today.”

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Leung pointed out that the outflow of locals going north on Tuesday would decline while the arrival of over 1,000 mainland Chinese tour groups over the next few days would help boost restaurants’ business.

Simon Wong Ka-wo, president of the Hong Kong Federation of Restaurants and Related Trades, said the industry would fetch a revenue close to HK$300 million (US$38.6 million) on Tuesday, the same as that of last year, while the recent surge in Hong Kong stock prices had contributed to optimism.

  

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