Restaurants are betting on a bounce in spending power, as the launch of Covid-19 vaccines helps bring the pandemic under control. Photo: Sam Tsang
Vacancy rates of Hong Kong street shops stabilise as eateries bet on spending bounce, cheaper rents to move into trendy districts
- Vacancy rates of shops in core areas are likely to continue to stabilise in the short term, says Centaline Commercial executive
- Plunge in visitor arrivals has hit luxury and cosmetics shops, but it has led to a widening in the variety of shops in the city’s major shopping districts
Topic |
Hong Kong property
Restaurants are betting on a bounce in spending power, as the launch of Covid-19 vaccines helps bring the pandemic under control. Photo: Sam Tsang