An old Hong Kong fine Dining Restaurant [Gough 40] in Central is closing soon after 20 Years of Operation. One of the First fine Dining Restaurants in Hong Kong Operated by locals. Missed by its Restaurant Regulars. What are the Reasons Behind the Closing?
An old Hong Kong fine dining restaurant [Gough 40] in Central is closing soon after 20 years of operation.
It was one of the first fine dining restaurants in Hong Kong which was operated by 2 locals to Hong Kong. Not under the management of a hotel or F&B group.
It would be missed by its restaurant regulars. What are the reasons behind the closing?
[Gough 40] A Old Kong Kong Fine Dining Restaurant in Central
Gough 40 is a famous and long lasting fine dining establishment in Central Hong Kong. It’s also a landmark of Gough Street. A street full of cool eateries and stylish boutiques.
Gough 40 is named under the address of the restaurant which is located at Gough Street. The naming was not common but looked stylish back two decades ago in Hong Kong.
The restaurant was built on the ground floor of a low-rise building which was already 50 years old. Its recognizable white exterior and open French doors make Gough 40 to stand out from others.
Food price in Gough 40 is quite expensive but food quality is good. As an article on SCMP in October 2005 said:
“An appetizer and a main course may cost you HK$400, but we recommend you spend a little more and get a pasta dish as a second course or try one of the heavenly seafood soups.”
It was the price charged by Gough 40 back in 2005. Comparable to any fine-dining restaurants in top hotels of Hong Kong!
What Drives an Old Hong Kong Fine Dining Restaurant to Close?
Lacrucci has witnessed a number of Hong Kong restaurants opening and closing in recent years. Some people in F&B industry are saying that fine dining is dying in Hong Kong. That it is no longer a trend here.
What drives a Hong Kong fine-dining restaurant to close after 20 years?
- Hong Kong has one of the highest density of restaurants in the world. Customers are expecting to try new restaurants with a new dining experience all the time.
- Hong Kong customers are now spending less budget on dining out. Fine dining is now less attractive as compared with casual dining.
- Hong Kong customers can afford less time on dining due to long working hours and living habit changes.
- Increasing operational costs, such as shop rental and staff costs, are making more local fine-dining restaurants tough to survive.
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