{"id":127999,"date":"2022-07-26T17:34:48","date_gmt":"2022-07-26T10:34:48","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-iconic-the-peak-lookout-restaurant-has-its-rent-slashed-in-half-as-pandemic-wipes-out-international-tourism\/"},"modified":"2022-07-26T18:08:29","modified_gmt":"2022-07-26T11:08:29","slug":"hong-kongs-iconic-the-peak-lookout-restaurant-has-its-rent-slashed-in-half-as-pandemic-wipes-out-international-tourism","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-iconic-the-peak-lookout-restaurant-has-its-rent-slashed-in-half-as-pandemic-wipes-out-international-tourism\/","title":{"rendered":"Hong Kong\u2019s iconic The Peak Lookout restaurant has its rent slashed in half as pandemic wipes out international tourism"},"content":{"rendered":"


\nThe owners of the iconic Hong Kong restaurant, previously a huge draw for tourists with its spectacular views, are now paying less than half the monthly HK$230,000 (US$29,300) they were forking out on a lease signed pre-pandemic.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s iconic The Peak Lookout restaurant has its rent slashed in half as pandemic wipes out international tourism<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The owners of the iconic Hong Kong restaurant, previously a huge draw for tourists with...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-127999","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-xiv","jetpack-related-posts":[{"id":23607,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-market-will-fall-but-how-much\/","url_meta":{"origin":127999,"position":0},"title":"Hong Kong\u2019s luxury market will fall, but how much?","date":"August 22, 2016","format":false,"excerpt":"\r From The Peak to Island South, a gradual downward slope in luxury home prices is to be expected in Hong Kong View from Jardine\u2019s Lookout. Luxury home values slightly declined in the neighbourhood in July, according to Knight Frank. Image credit: Rat007 \/ Shutterstock.com Luxury property values in Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119917,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landlords-adjust-rent-expectations-as-pandemic-reshapes-retail-landscape-amid-changing-consumer-preferences\/","url_meta":{"origin":127999,"position":1},"title":"Hong Kong landlords adjust rent expectations as pandemic reshapes retail landscape amid changing consumer preferences","date":"February 2, 2021","format":false,"excerpt":"\r In the past year, Hong Kong\u2019s retail sector recorded the worst performance in a decade, as months of social unrest, followed by the Covid-19 pandemic drove tourists away, hit consumer spending and threatened the survival of many retail businesses. These crises have not only greatly disrupted Hong Kong\u2019s retail\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121709,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-restaurant-scene-regains-old-buzz-as-sang-kee-joins-other-operators-in-expansion-drive-amid-economic-recovery\/","url_meta":{"origin":127999,"position":2},"title":"Hong Kong\u2019s restaurant scene regains old buzz as Sang Kee joins other operators in expansion drive amid economic recovery","date":"August 29, 2021","format":false,"excerpt":"\r Hong Kong\u2019s restaurant sector, slammed by the anti-government protests and the Covid-19 pandemic, is slowly recovering from the twin blows of the past two years amid a steadily improving local economy.The food and beverage (F&B) sector has also benefited from the government\u2019s consumption voucher scheme to boost local spending.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124707,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-rent-deferral-plan-will-help-small-businesses-stay-afloat-if-uk-singapore-models-are-any-guide-say-property-experts\/","url_meta":{"origin":127999,"position":3},"title":"Hong Kong\u2019s rent deferral plan will help small businesses stay afloat if UK, Singapore models are any guide, say property experts","date":"February 25, 2022","format":false,"excerpt":"\r Hong Kong\u2019s planned moratorium on commercial rents is likely to be effective in helping small businesses survive the pandemic if similar relief measures in the UK and Singapore are any guide, according to property experts.Small and medium-sized enterprises (SMEs) in certain sectors will be allowed to defer their rent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-co-living-operators-slash-prices-by-up-to-half-as-people-observe-covid-19-social-distancing-guidelines\/","url_meta":{"origin":127999,"position":4},"title":"Hong Kong\u2019s co-living operators slash prices by up to half as people observe Covid-19 social-distancing guidelines","date":"March 31, 2020","format":false,"excerpt":"\r Operators of shared living spaces in Hong Kong have slashed their monthly rates by as much as 50 per cent as they navigate a new normal of social distancing and people avoiding large crowds amid the Covid-19 pandemic.\u201cWe offer 30 to 50 per cent discounts for our units in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135958,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinas-reopening-wont-solve-all-hong-kongs-property-market-problems\/","url_meta":{"origin":127999,"position":5},"title":"Mainland China\u2019s reopening won\u2019t solve all Hong Kong\u2019s property market problems","date":"April 17, 2023","format":false,"excerpt":"\r The outlook has no doubt improved, particularly in sectors related to tourism and the luxury residential market, but the city\u2019s challenges that predate the pandemic remain. A chronic shortage of affordable housing and a stalemate in the investment market are just two issues that need addressing.\r \r Source :\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/127999"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=127999"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/127999\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=127999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=127999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=127999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}