Taipei shop rents dive amid foreign visitor slump - News Summed Up

Taipei shop rents dive amid foreign visitor slump


People walk past shops on Yongkang Street in Taipei on March 7. Empty shops on Wenlin Road in Taipei’s Shilin Night Market area are pictured on Aug. 11. The two other areas where rental rates are tumbling amid the decline in visitor numbers are Ximending (西門町) and the Shilin Night Market (士林夜市). Business in the Shilin Night Market has been hurt, because about 70 percent of its pre-pandemic traffic came from overseas tourists. Su said that the crisis could offer the night market an opportunity to reposition itself to domestic consumers.


Source: Taipei Times December 20, 2020 15:56 UTC



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