Here's How the Coronavirus Pandemic May Change the Restaurant Industry Forever
The restaurant industry is on the verge of being irreversibly altered from the global coronavirus pandemic. Even where mandatory closures are not disrupting dining habits, social distancing and self-isolation are causing havoc with chains.
Data from Booking Holdings (NASDAQ: BKNG) OpenTable online reservation service shows seated diners at restaurants in its network all across the country have plummeted 98% from the year ago period as of March 19, a dramatic change from just one week prior when only reservations had fallen by just 28%.
The last time they showed growth was March 1, meaning in less than three weeks' time going out to dinner as an option has all but completely ended.
Source Fool.com
