Reservation Losses news and trends

OpenTable Says 25 Pct Of US Restaurants Won’t Survive

May 14, 2020
1/4 of US restaurants may be in dire straits, OpenTable says
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OpenTable Says 25 Pct Of US Restaurants Won’t Survive

May 14, 2020
A dire prediction from OpenTable forecasts a quarter of American restaurants will close permanently due to the financial turmoil from the coronavirus pandemic, according to a Bloomberg report. The prediction follows tumultuous circumstances for restaurants since the pandemic uprooted business in March. Restaurants saw $30 billion in losses that month, followed by $50 billion in […]