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Big Restaurant Chains See Opportunity Amid Second Covid-19 Wave
Malls extend discounted rental option to restaurants as second wave hits India.
29 May 2021, 03:25 AM IST
The first wave of the pandemic is estimated to have wiped out thousands of struggling restaurants as the Covid-19 lockdown stalled business. Other outlets pulled through by turning into cloud kitchens or taking online deliveries. A year later, surviving eateries and large chains find an opportunity.Rents have fallen and occupancy is down as the virus has ravaged the hospitality sector a second time in two years. Meaning, there’s spac...
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