Feeling the Heat: Restaurants and Bars Must Adapt to Ensure Survival

This is an unprecedented time in our country and in the world. The coronavirus (COVID-19) has shut down large swathes of the economy, with its most direct impact being felt on places where people congregate and socialize. Restaurants and bars are especially feeling the heat, as Americans do their part and increasingly shelter at home. But, people still need to eat, and the increasingly sophisticated palette of our country isn’t going to evaporate overnight, even as the supply (temporarily) diminishes. There will be a “new normal” when we come out of this crisis, and as always, the property owners, restauranteurs, investors, and visionaries who are creative and adept will come out stronger.