As advanced in a previous article, the restaurant industry is one of the sectors that will be impacted the
most by this pandemic. The economic recession implies that people will care
more about prices when they eat out. Thus, firms will have to decrease their
menu prices and work on a low profit margin. However, that is not all.
A lot of restaurants are under considerable strain. They are
worried about whether, and when, they will be able to reopen. There are also
concerns related to how they are going to operate if social distancing rules
remain in place. Things will be pretty complex if everyone has to be at least
one metre apart. For instance, crowded
food halls were extremely trendy and popular before this pandemic, but this
might change.
The cofounder of the Restaurant Investment Group Daniel Dain
advanced, “All the hallmarks of our present urbanism are highly interactive and
close together”. However, people will be less motivated to dine out after the
pandemic. This will give rise to new models. While many outlets might close,
their chefs will still work, which will result in more systems such as CloudKitchens.
Cooks will be operating restaurants out of their home or professional kitchens
and meals will be available for pickup
and delivery.
New
dining models will emerge
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