Household delivery survey: More than half of the restaurants interviewed are facing a crisis of closure, urging the Hong Kong government to provide emergency assistance

Financial News

Written by: Kwong Yueting

2020-08-12 12:00

A household delivery survey on food delivery platforms shows that more than half of the restaurants interviewed are facing a crisis of closure. Most of the restaurants interviewed said that if the current situation persists, they will be forced to close their business or even go bankrupt in the next three months.

The respondents in this survey are small restaurants and independent restaurants. Nearly 8,000 restaurant partners have been sent to Hong Kong, accounting for about 40% of all licensed restaurants in Hong Kong. Since last week, nearly 1,000 restaurants on the Huhusong platform have been suspended, most of which are small and medium enterprises, and they will reopen indefinitely.

Luo Jiacong, general manager of Huhusong Hong Kong and director of the Hong Kong Federation of Catering Industry Association, said that under the current ban on dine-in and the limit of 50% of seats, restaurants continue to lose a lot of income. He urges the Hong Kong government to provide emergency assistance to the catering industry, including: Expansion of funding for business operations and employment, rent-free for four months, implementation of tenant eviction bans, etc. Otherwise, more than 5,000 restaurants may be forced to close in the next few months, and companies that provide goods and services to the catering industry will face revenue And employment issues.

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