Hong Kong Halloween revelers are hoping to scare away the downturn blues if spending on parties, costumes, masks and props is anything to go by.
Traders say the negative economic climate has failed to deter spending. Costume stalls in Central have been jam- packed for three days as the city gears up for tonight's fright night.
Projecting a 5 to 10 percent increase in revelers this year, Hong Kong Bars and Karaoke Rights Advocacy chairman Jeffrey Tam Chun-kit said affluent entertainment districts like Lan Kwai Fong, which depend on more expensive products such as champagne, could see a decline.
But overall numbers would make up for revenue shortfalls.
Beijing Club operations manager Lee Thomas said the economic fallout has yet to affect attendance or business, pointing out that spending was resilient during past downturns.
A Pottinger Street costume stall vendor, surnamed So, said the staircase street had been swamped
for the past three days with local and expat customers. So said he was making an average of HK$3,000 a day.
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