Coronavirus: tables tougher to come by as ‘revenge spending’ drives bookings bounceback at Hong Kong restaurants, insiders say

Buoyed by a “revenge spending” binge by consumers eager to resume normal life, Hong Kong’s battered food and beverage sector has recently seen restaurant bookings rebound to 80 per cent of pre-coronavirus numbers, even before Friday’s latest relaxation of social-distancing rules, industry figures have said.But those same insiders caution longer-term issues including rising unemployment and a lack of inbound tourists mean those gains could be precarious.Thousands of Hong Kong restaurants to…

from South China Morning Post https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3089662/coronavirus-tables-tougher-come-revenge-spending