Pandemic boosts hotels’ food and beverage sales
By Crystal Hsu / Staff reporter
Major hotels in Taipei saw food and beverage sales grow significantly over the Lunar New Year holiday, as the COVID-19 pandemic kept people from traveling abroad, benefitting local restaurants and banquet facilities.
Regent Taipei (台北晶華酒店), the flagship property of Formosa International Hotels Corp (晶華酒店), said that its restaurant revenue jumped 38 percent to NT$10.8 million (US$380,550) on Lunar New Year’s Eve on Thursday last week, and its banquet facilities posted a 15 percent gain to NT$2.98 million during the next five days.
Restaurants traditionally increase prices from Lunar New Year’s Eve through the next five days when demand for family gatherings is strongest for the year.
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