Live Breaking News & Updates on Restaurant Industry Will Be Profitable Again

What’s In Store for the Restaurant Industry in 2021?
GOBankingRates
1/7/2021
Gabrielle Olya
© halbergman / Getty Images
A high end restaurant reopens after the 2010 Covid-19 lockdown, with measures in place to protect staff and customers.
The coronavirus pandemic had devastating effects on the restaurant industry in 2020. The National Restaurant Association stated in mid-December that by the end of the year, 110,000 American restaurants would have closed and the industry as a whole would have suffered losses of $240 billion. With the coronavirus vaccine rolling out albeit slowly throughout 2021, will this be a better year for the embattled industry? And what exactly will restaurants look like in a post-pandemic world? ....

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