A shocking 53% of restaurants to remain closed in the wake of Covid-19

Will the hospitality industry ever recover?

17w ago

4K

The impact the pandemic has had on humanity cannot be exaggerated. Millions have died and the way we live may have changed forever.

As the world tentatively tries to regain some semblance of normality, the scale of the impact in other areas is becoming clear.

The hospitality industry, collectively, did its best to adapt to a constantly changing landscape of new regulations and restrictions. Some have managed to maintain enough business to keep them ticking over, giving them the best shot at survival.

Others have not been so fortunate. Those unable to offer a take away or delivery service have been left behind, with no business coming in for around 3 months now, with overheads remaining in place.

Sadly, this means a lot of establishments face permanent closure.

Data from Yelp's Local Economic Report, which covers the whole of the US, shows that 53% of restaurants registered on the platform have posted permanent closure since lockdown was brought in. A large proportion of those posted in the month of March, suggesting they knew they had no chance of remaining afloat, despite having no knowledge of how events would unfold.

The more telling statistic comes from expanding the data to look at all businesses registered on the platform, which shows that 41% have closed. This is devastating for the business owners, but also for the staff that kept the places running who now face a difficult job hunt in an all but barren economy.

How you can help

You can help your local businesses and restaurants by buying from them as often as you can while they are offering service and, until then, try buying vouchers on their website to be used at a later date.

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Comments (12)

  • I read it as 53% of shocking restaurants to close.

    We are going to be open. So how do I get rid of the 53% of the customers that cannot read and constantly ask for things that are not on the menu. Or fail to book in advance and then get the hump, and on top of that, the ones that order under a first surname, then try and collect under a first name. Try and barge their way in. Fail to understand paying by card.

    Hospitality would be easy without fucking moronic customers.

      3 months ago
  • I'm still in shock about this figure, it's so huge...!

      3 months ago
  • 😟

      4 months ago
  • We’re the opposite here in Quebec, more and more are opening back day to day. Slowly but surely. Knock on wood.

      4 months ago
  • I know of 2 already in our town that closed, surprised there were not more yet, we are saturated in restaurants, a lot of ppl doing pick ups and to-gos, but lits of job losses to, so not sure where the $$ is coming from to buy such meals...except for those still working

      4 months ago
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