HOSPITALITY RELIEF & REVIVAL IN THE NEWS
RECENT NEWS IN HOSPITALITY
HOSPITALITY INDUSTRY NEWS
CORONAVIRUS DAMAGE TO THE INDUSTRY BY THE NUMBERS
U.S. RESTAURANTS CLOSURE %
U.S. RESTAURANT SALES %
U.S. RESTAURANT INDUSTRY LANDSCAPE
Restaurant landscape (U.S.) BY percentage
Independent Limited Service restaurant Segments (U.S.)
Independent Full Service restaurant segments (u.S.)
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“More than 3 million restaurant industry jobs were lost in the first 22 days of March, as the coronavirus outbreak swept the US. ”
“Almost 15 million Americans work in tourism and hospitality— making it the fifth largest industry in the country. ”
“The more than 300,000 independent restaurants closing across the country are estimated to cost $225 billion in lost revenue over the next three months. ”