Effect of COVID-19 on Restaurant Industry – How to Cope With Changing Demand

3 Pages Posted: 21 Apr 2020

Date Written: April 16, 2020

Abstract

Right now, the only Industry that may not do well in the post COVID scenario is the hospitality Industry. Let us be honest, even if tomorrow, corona disappeared, people will still be avoiding ordering food or dining out for a long time to come. A small poll on twitter that was reacted to by 10346 respondents showed more than half (53% ) people saying no to ordering food while 13 % said that they may order and the rest 34% said they will continue to order food . This was before the Pizza delivery boy news came. The same goes for any service industry like movie halls/ malls.

Its not just the food service industry but as a matter of fact whole of travel and tourism is going to suffer the backlash of corona. From Movie halls to malls wherever there was interaction, people confined in close spaces, things will have to be reinvented, with newer techniques to minimise human interaction. In this Paper we shall have look at the problems that service industry will face and may be suggest a way out

Keywords: restaurant, post COVID -19 , Food service industry, changes

Suggested Citation

Jain, Dr. Siddhartha, Effect of COVID-19 on Restaurant Industry – How to Cope With Changing Demand (April 16, 2020). Available at SSRN: https://ssrn.com/abstract=3577764 or http://dx.doi.org/10.2139/ssrn.3577764

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