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Restaurant And Hotel Bankruptcies And Closures Explode

Written by The Ashton Report

Restaurants, hotels and other foodservice operators are responding to the Covid-19 emergency by closing stores and other foodservice facilities, and/or furloughing or permanently cutting scores of thousands of employees. We heard one estimate this morning that a million hotel employees have been laid off. Among those closures and layoffs we’ve seen:   –Marriott Int’l. and…

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The Ashton Report