Diners enjoy lunch at Central Market in Hong Kong on October 20, 2022. Photo: SCMP / Jonathan Wong
Diners enjoy lunch at Central Market in Hong Kong on October 20, 2022. Photo: SCMP / Jonathan Wong

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

  • The number of licensed restaurants has grown 3.9 per cent since 2020, slightly faster than from 2017 to 2019, according to a CBRE report
  • Restaurant receipts fell by 8.1 per cent in the three years from 2019 to 2021, but the decline was narrower than the 10.1 per cent plunge in overall retail sales

Diners enjoy lunch at Central Market in Hong Kong on October 20, 2022. Photo: SCMP / Jonathan Wong
Diners enjoy lunch at Central Market in Hong Kong on October 20, 2022. Photo: SCMP / Jonathan Wong
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