Many U.S. Restaurants Likely to Reopen with 50% Pre-COVID Seating Capacity
15 May 2020
Many U.S. restaurants are likely to reopen from widespread shutdowns at 50 percent pre-COVID-19 seating capacity amid efforts to adhere to social distancing practices and give confidence to cautious consumers, according to a new CBRE report.
As the U.S. prepares for phased reopenings, restaurant owners and landlords will attempt to ease consumer fears of being in public places by maintaining
The low-margin restaurant industry has been hard-hit by stay-at-home restrictions. Many restaurants have closed completely. Those that have remained open with take-out and delivery services are estimated to have revealed 28 percent of small and independent restaurant owners don't believe they can survive another month of closurea survey by the James Beard Foundation on April 16
The food & beverage industry is perhaps the most dynamic segment of retail, but it will reopen cautiously as a more sterilized, controlled environment to ease consumers’ concerns about spending time in public places
In many cases,
Restaurant owners and landlords may also implement other measures to protect consumers, such as reconfiguring
To download the report, click here.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.