Food & Beverage
Restaurant receipts down 11.7% to $26.4b in Q3
Restaurant receipts down 11.7% to $26.4b in Q3
This is the worst year-on-year decline recorded since the SARS outbreak in 2003.
Delivering the Virtual Restaurant of Tomorrow
No waiters, no diners: the food delivery boom is opening new doors for restaurants.
Restaurant receipts down 0.4% to $28.7m in Q2
Receipts of bars, Chinese restaurants and non-Chinese restaurants fell during the quarter.
Restaurant receipts rose 3% to $31.5b in Q1
Non-Chinese restaurants saw $9.58m in receipts.
Food spending to hit $291.6b by 2023
Its annual growth rate would moderate from 6% to 5.5% by 2023.
Deliveroo Hong Kong launches ‘Plus' subscription plan
Subscribers can have unlimited free delivery for HK$98 a month.
Hong Kong restaurant receipts hit $30.4b in Q4
Non-Chinese restaurants saw strong year-end figures.
Restaurants continue to thrive as receipts hit $29.9b in Q3
Bars outperformed other food segments after receipts grew 10.1% in value.
Hong Kong seals wine deal with Bordeaux
It aims to cement the city’s role as the region’s leading wine centre.
FrieslandCampina: Championing childhood nutrition through innovation and unmatched expertise
With its dedication to quality and well-balanced nutrition, FriesdlandCampina’s range of beloved dairy products has been the trusted by generations.
Restaurant activity picks up as total receipts hit $28.8b in Q2
The total value of bar sales outpaced that of Chinese restaurants.
Short term restaurant activity rises as total receipts hit $30.5b in Q1
Thanks to strong performance from Chinese and fast food shops.
F&B sector battered by exits in 2017
A flurry of restaurants caved under mounting competition from international brands.
F&B sector hit by highest vacancy rates in December
The industry had roughly 12,120 vacancies.
Short-term restaurant activity picks up as total receipts value hit $112.7b in 2017
Thanks to receipts growth in non-Chinese restaurants and fast food shops.
FamilyMart mulls sale of Hong Kong business
According to insider sources, it seeks to fetch US$100m from the disposal.
Restaurant receipts and purchases up 5.1% in Q3
Positive consumer sentiment buoyed sales.
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