In the United States, they realized that Covid-19 had an unexpected effect on restaurants: he increased productivity

A study relates to the increase in profitability with the growth of visits up to 10 minutes.

Covid -19 was not so bad for the United States bars, at least when it comes to productivity.

Although Pandemic has devastated the hospitality sector in different countries, overturning revenues and has brought many companies to the closure, the US plants recorded a 15% increase in productivity during the health crisis. And surprisingly, this growth has not disappeared over time.

The secret? Quick visits

The pandemic has left its mark in the sector. The impact of Covid-19 on the bars and on the catering industry was brutal, forcing many companies to close. But a group of researchers from the universities of Chicago and New York have decided to investigate beyond this evident effect: Has the virus somehow influenced the productivity of restaurants? In this case, how? And above all, does this impact still persists?

The answers were collected in a study recently published by National Bureau of Economic Research (NBER), whose title already anticipates the tone of discoveries: “The curious increase in productivity in US restaurants.”

A key number: 15%

The economists responsible for the study not only discovered that the productivity of the restaurant increased during the pandemic, but also quantified this growth. According to the reports of the report:

“We discovered that, after being practically constant for almost 30 years, the real productivity of restaurants increased by more than 15% during the Covid-19 pandemic”.

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Source: Terra

Rose

Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.