Prepping for Off-Premise: Navigating Potential Restaurant Reclosures 

The United States is facing new outbreaks of coronavirus as experts continue to warn of a potential second wave this fall. Meanwhile, the recovering hospitality industry – which was estimated to have lost $120 billion by the end of June– is bracing itself for potentially another round of mandated restaurant and bar closures. However, this round of closures doesn’t have to mirror the first wave. Hospitality operators can take steps now to not only ensure an easier transition but also maintain revenue streams and guest loyalty even if on-premise dining goes away.

Diversifying Revenue StreamsReclosing is not something anyone wants to think about as it comes with a lot of uncertainty, especially around revenue. But, if contingency plans aren’t created for it now, operators could face even larger challenges down the line. To keep revenue streams open amidst changing conditions, operators should look to diversify how their customers can access their services, in particular with a…