Restaurant business stability in the record price renewal

In recent years, traditional restaurants continue to transform, and the main offensive profit more lucrative wedding market, so that profit can be improved. In recent months, the restaurant business has stabilized, and more cases have been added to the market.

For example, at G9 Pavement and 1st Floor, G / F, Block 6, Ka Wing Street, Yau Tong, the property covers an area of ​​about 4,070 square feet. The first floor is about 6,490 square feet. The Hong Kong-style restaurant has been rented for many years. The shop, the rent of about 25 yuan, 21 yuan per month than the old rent rose about 24%.

Huang Guangyao, director of Hong Kong, said that the trend of dietary changes, the Japanese people eating habits of Westernization, so that the gradual loss of traditional restaurant tourists, coupled with the larger restaurant area, the number of employees are more cost than the average High restaurant, leading to the industry since 2010, after the plight of last year, more than one and a half months after another 18 restaurants closed, but this year, the industry has been stable adjustment, many restaurants are willing to raise prices to renew bunk.

Tsim Sha Tsui 2.1 million foot shop 615,000 renewal

For example, large-scale chain-style restaurant Daoxiang, in recent months on the monthly rent of 615,000 yuan, to renew Tsim Sha Tsui Burma Taiwan 3 to 5 ground floor, the property area of ​​about 20,890 square feet, the latest foot lease of about 29 yuan, and the original rent of 56 million Yuan, the price increase rate of nearly 10%.

In addition, from the Emerald Seafood Restaurant and the Pearl Ballroom rented by the Mong Kok Laundry Street 245 to 251 underground A, B shop, in recent months also 18 million to renew the rent, the two shops a total area of ​​4,983 square feet, about $ 36, The old rent rose about 6%; Jinshan Seafood Restaurant, which has been rooted in Jordan for many years, has recently renewed the $ 6,462 sq. Ft.

Huang Guangyao also pointed out that in recent years, traditional restaurants continue to transition, and the main offensive profit margins of the wedding market, so that profit can be improved, coupled with Hong Kong is always a Chinese society, the traditional Chinese restaurant has a certain demand, Strong adjustment, I believe the restaurant is still operating the amount of business will continue to improve.

In fact, in recent years, part of the transformation from the traditional restaurant and the large chain of wedding special shops, all in the market to find heart water shop, but the cost of such businesses decoration is higher, so the general tendency to shop for long- Also see the transformation of the Chinese restaurant industry has gradually come to fruition.