The advertising division of Cox Communications is offering local restaurants free television advertising to market their takeout and delivery services and share new hours of operation.
Ninety-seven percent of U.S. restaurants are now impacted by mandated dine-in closures, reports The NPD Group. QSRs realized transaction declines of 40% in the week ending March 29.
The hospitality industry already has a reputation for being a less-than secure industry; distracted and worried employees working from home will likely only make things worse.
Domestic occupancy levels were below 50% for the month of March and softened in the last ten days of the month to trend in a range between 26% and 33% daily occupancy.
