Annual Report 2019

Food and Beverage Business The Group operates reputable brands including Chinese restaurants (Cuisine Cuisine at ifc and Tsui Hang Village) and Western restaurants (The French Window and Assaggio Trattoria Italiana). During the year, Cuisine Cuisine at ifc was awarded “My Favourite Cantonese Restaurant” by U Magazine, and Tsui Hang Village at the Mira Place in Tsim Sha Tsui won the honour of Michelin Guide Hong Kong and Macau 2019’s Recommended Restaurants for seven years in a row. Quality of foods remains commendable as average check per customer has stayed unaffected despite fewer visits. Our present emphasis will continue to concentrate resources towards improving operational efficiency at our restaurants, raising culinary quality and service level as well as developing appetizing dishes and flavourable menu themes in response to the increasingly challenging market. Going forward, the Group will continue to evaluate suitable opportunities to diversify its brand portfolio and positioning. Miramar Hotel and Investment Company, Limited Annual Report 2019 Management Discussion and Analysis 019