Restaurant Industry Statistics That You Must Know
The restaurant industry is one that is filled with variety – in the types of restaurants and the kinds of cuisines that it serves to the world. While there are small outlets selling a highly-affordable, one dollar meal for the people, there are restaurants that serve highly expensive food for the elite diners.
So, what actually becomes the contributing factor for a restaurant’s success or failure? Why is there a great divide in success rates between various restaurants? How is the same industry so lucrative for one restaurant while it leads to heavy losses for another? What are the aftermaths of the Covid-19 pandemic on the restaurant industry?
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