News > Hit hard by pandemic, hotels realign operations

Hit hard by pandemic, hotels realign operations

The Hindu | 15/12/2020 12:25 PM | Click to read full article

The COVID-19 pandemic has transformed the restaurant business in Chennai. Those who are in this sector are realigning their models, cutting down on expansion plans. Some have even downed the shutters.

The data provided by industry experts and various associations show that over 2,000 small, medium and big restaurants have folded in the last two months. The reason — lower footfalls, labour shortage and the inability to pay rents and salaries and repay loans.