SAVAGE CALLED IT – The end of a ‘gilded age’ of EXCESS

Daily Mail:

THE END OF A ‘GILDED AGE’ OF EXCESS

(MAY 17, 2020)

  • Despite some states lifting restrictions and allowing restaurants to reopen as early as late April, data from OpenTable’s booking software shows that visits to restaurants are still down 
  • Experts have predicted that one in four restaurants will go out of business as a result of the weeks-long lockdown measures put in place by the majority of US states to stop the spread of COVID-19 
  • In Georgia, restaurant reservations were still down 92% on May 13 compared to this time last year – restaurants were allowed to reopen in the state from April 27
  • Texas, which allowed restaurants to reopen at a 25 percent reduced capacity from May 1, is still down 83 percent for reservations 
  • The data shows that people are most willing to eat out again in states like Alabama and South Carolina but reservations are still down 77 percent
  • Restaurants in most states started seeing a huge decline in the number of reservations in mid-March when COVID-19 infections started spiking across the country

Restaurants are struggling to welcome back diners in the states that have reopened amid the coronavirus pandemic with data showing reservations and walk-in customers are still down at least 82 percent. 

Despite some states lifting restrictions and allowing restaurants to reopen as early as late April, data from OpenTable‘s booking software shows that visits to restaurants in states like Georgia, Texas and South Carolina are still down considerably compared to last year. 

Experts have predicted that one in four restaurants will go out of business as a result of the weeks-long lockdown measures put in place by the majority of US states to stop the spread of COVID-19. 

In Georgia, restaurant reservations were still down 92 percent on May 13 compared to this time last year. 

Read more at The Daily Mail

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