25% Of US Restaurants Will Never Reopen: Opentable

Via ZeroHedge

A quarter of US restaurants will go out of business due to the COVID-19 pandemic, according to a forecast by OpenTable, which reported that total restaurant reservations and walk-in customers have fallen 95% over the previous year ending May 13.

Susan Upton, 53, works on her computer at Mambo’s, her family restaurant, in Glendale Calif., on March 18, 2020. Mambo’s was forced to close after 32 years in the midst of the global pandemic. (Lucy Nicholson—Reuters)

The company tracks over 54,000 restaurants on its reservation site, which offers the ability to make online, walk-in, and phone reservations – but does not track data for take-out and deliveries, according to Bloomberg.

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