Mid-Autumn Restaurant Bookings Surge; Golden Week Revenue Forecast to Climb 5-10%
AM730 · 3 SOURCES1 day ago2 MIN
Summary
Restaurant bookings for Mid-Autumn Festival on September 25 are robust, with many establishments fully booked for the occasion. Hong Kong Catering Industry Association President Wong Ka-hei estimates the festival day's total revenue could reach HK$320 million to HK$350 million, with average banquet prices at HK$4,800 per table. Looking ahead to National Day Golden Week, Wong projects a 5% to 10% increase in Chinese restaurant business driven by celebration events and rising visitor numbers.
Key Points
- Hong Kong Catering Industry Association President Wong Ka-hei confirmed that restaurant bookings for Mid-Autumn Festival 2026 are strong, with many venues fully booked on the day itself
- While some Chinese restaurants may not be able to serve two rounds of diners, the overall performance has been satisfactory
- Average banquet price this Mid-Autumn Festival is approximately HK$4,800 per table, with estimated total revenue of HK$3.2 billion to HK$3.5 billion
- Wong attributes the growth to local residents choosing to stay and dine out, combined with increased visitor arrivals
- For National Day Golden Week, various celebration activities including fireworks are expected to attract more tourists
- Chinese restaurants are projected to see 5% to 10% business growth compared to last year, driven by community events and banquets
Why It Matters
The strong performance during Mid-Autumn Festival signals renewed confidence in Hong Kong's dining sector, with higher spending by local consumers complementing the return of tourist traffic. The projected 5% to 10% revenue increase for National Day Golden Week could indicate broader recovery in the hospitality industry ahead of the peak holiday season.
The strong performance during Mid-Autumn Festival signals renewed confidence in Hong Kong's dining sector, with higher spending by local consumers complementing the return of tourist traffic. The projected 5% to 10% revenue increase for National Day Golden Week could indicate broader recovery in the hospitality industry ahead of the peak holiday season.