Here is when a new wave of restaurant closures will occur, according to experts
The effects of the pandemic are far from over, which compromises the livelihoods of several restoration chains.
Many cities have gave restaurants in green light to reopen their doors and allow guests to dine inside or at the terrace. However, while restrictions are starting to raise - even in some of the most densely populated cities, coronavirus is far from over. In reality,Epidemiologists warn the public About a second wave approaching in the fall.
It is possible that we would see the propagation of the progressively slow coronavirus because the temperatures continue to rise, however,Elimination of infectious disease Probably will not happen before creating a vaccine. So even if the restaurants benefit from their doors open for now, the question is,How longCan restaurants stay open? And more importantly, will the restaurants be able to survive financially intermediary but of two stops?
According toRestaurant Business, Many restaurant companies have received a break on their rent during the lenders and homeowners' pandemic to save them from bankruptcy and overloading many locations. However, if COVID-19 SPIKE cases again in the fall, restaurants may be required to close again. How will these companies be able to pay the rent temporarily forgivenmore Their next month of rent?
Aziz Hashim, the partner director of the capital of the NRE (which holds Ruby Tuesday) saysRestaurant BusinessThat "there will be a bath of blood", come down when the rent is due for many restaurants across the country. (RELATED:Click here for all our last coronavirus coverage.)
In the end, the owners will have a substantial power to determine the number of locations of large restaurant chains will remain open if the owners and franchisees can not get enough rent money. The chances of survival will also be affected by the number of customers continuing to place take-out and delivery orders and opt for dinged options during this reopening phase.
In short, continue to support the chain andlocal restaurants during this time. Your support will now increase the chances that a restaurant survives if / when the second wave of coronavirus strikes in the fall. Speaking of local businesses, be sure to readHow local restaurants support black life.
