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Foretaste of booming sector

Published on
Friday, May 20, 2011
Written by
Lau Kit-wai [1]

With more stylised and affordable restaurants springing up across Hong Kong, the food and beverage (F&B) sector has become an exciting source of job opportunities for young managers.

A report by the Department of Health last year showed that our lifestyle is driving us towards the convenience of restaurant-cooked meals, with a significant portion of Hongkongers having their breakfast (50.7 per cent), lunch (82.5 per cent) or dinner (44.7 per cent) in commercial establishments two or more times a week.

"Hong Kong people spend over 63 per cent of their food expenditure outside their homes," says Cindy Heo, assistant professor of the Polytechnic University's school of hotel and tourism management.

The value of total receipts of the restaurant sector last year was HK$84 billion, up 5.1 per cent compared to 2009.

This is a huge and thriving industry with a strong demand