Restaurant industry remains in ‘crisis state’ as a result of omicron

  • 📰 clevelanddotcom
  • ⏱ Reading Time:
  • 69 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Findings from a recent National Restaurant Association survey paint a bleak state-of-the-state portrait for the industry.

Restaurant owners weigh in as recent survey findings paint a bleak picture of the state of the industry because of omicron.CLEVELAND, Ohio – Omicron has added to a “roller-coaster” effect for the restaurant industry as owners’ livelihood remains tied to federal aid.

Also: Nearly 50% of restaurant operators that did not receive Restaurant Revitalization Fund grants feel it’s unlikely that they will stay in business beyond the pandemic without a grant. But 94% of restaurant operators who applied for an RRF grant, but did not receive funding, said a grant would enable them to retain or hire back employees.in downtown Cleveland, echoes the sentiments of the survey respondents.

“Like John said, it’s been a real roller-coaster ride,” said Torres, who added she sees a changing course when it comes to staffing challenges. The survey findings back up Torres’ current bleak outlook. In Ohio, 90% of restaurants experienced a decline in customer demand for indoor on-premises dining in recent weeks, as a result of the spike in omicron cases, according to the Ohio Restaurant Association. As a result, 57% reduced hours of operation on days they are open while 34% closed on days they would normally be open. And 67% of operators say business conditions for their restaurant are worse than they were three months ago.

The program aims to provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 301. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

As a result of man made and leaked Wuhan Virus and the unneccesary draconian lock downs. All by design.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Restaurant closures could spike without federal aid, industry group warnsMany more US restaurants could close permanently if Congress does not pass additional federal relief measures during the Omicron surge, industry officials warned this week.
Source: nypost - 🏆 91. / 67 Read more »