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How Has Covid - 19 Affected The Restaurant And Hospitality Industry




All businesses and industries have been affected by the pandemic of the virus Covid-19. Not to lie, the situation isn’t optimistic. Everyone would like to know will life ever be like before the pandemic.


Definitely, the restaurant and hospitality industry has suffered the most. It is near to collapse. The bad situation caused by the virus Covid-19 forced people to stay home and not to travel. That resulted in 38% of employees without work.


When we talk about revenue losses, it is hard to believe how bad the situation is. Per week, there is room revenue lost in $2.8 billion. It is equally bad in the restaurant business. It lost $120 billion just during the first three months of the pandemic.


For most businesses only possible solution is to be closed permanently. The number of 32.109 closed restaurants confirms this fact. It is obvious that this industry will have a big problem getting back on track. This is confirmed by research from commercial restaurant equipment sites kitchenall


Do we have anything to hope for in the future? What do people think about the idea of going to dinner in a restaurant or going on a trip? What are the predictions for the period ahead?


The numbers are not in favor of the restaurant and hospitality industry. 50% of Americans will not travel soon, and the same percentage will not go to the restaurants immediately. Just 18% will travel, and only to a destination with a low number of cases.


A solution for minimizing people-to-people contact is technology, how 64.71% of restaurant costumers and 70.42% of hotel costumers believe. The future will tell if that is a good suggestion.


If you want to find out more about the situation and predictions, please check the kitchenall.com infographic below.



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