Hong Kong restaurants suffered a 6 to 7 per cent revenue drop over the Easter weekend, an industry source said, as gains from a 15 per cent rise in mainland Chinese tourists failed to offset business lost to 1.7 million departing locals.
Industry leaders also said on Monday that the trend of locals travelling across the border and abroad during long weekends had become the “new normal”, leaving businesses to rely on mega-events and the coming Labour Day “golden week” to recover their…