Hong Kong Christmas Eve Dining Business Drops 11% as Residents Opt for Holiday Travel
• Hong Kong catering industry sees 11% drop in Christmas Eve business as residents travel abroad • Estimated Christmas Eve turnover was HK$380 million, down from HK$430 million last year • Immigration figures show over 600,000 net outbound trips from Hong Kong between Fri-Sun • Industry rep attributes drop to fewer mainland tourists and weaker local spending power • Tourism association estimates 1/3 of HK residents traveled over Christmas holiday