Preserving and Protecting Restaurants as an Important Piece of Culture

Food is essential to our everyday life. But it is also more than that. With so many varieties of dishes and cultures to explore, food is a gateway to understanding, connection, and enjoyment. When the COVID-19 pandemic pushed its’ way across the world, the food and restaurant industry was among those hardest hit. Many restaurants put serving enjoyment on hold as the nation grappled with the pandemic. Many restaurants struggled to make ends meet during the closures. And still, many more continue to struggle in the current market.

To combat this, the US government first passed the Restaurant Revitalization Fund hoping to curb the effects of the closures, loss of revenue, staff, and increasing market costs. But, according to the Independent Restaurants Coalition, 52% of restaurants that did not receive the RRF grant anticipate closing within six months. Despite re-opening, restaurants still need help.

While things are certainly looking up as the number of cases and hospitalizations ticks down, Barbara Castiglia, of Modern Restaurant Management, notes that there is more hope on the horizon with the recent House approval of the Relief for Restaurants and Other Hard Hit Small Businesses Act of 2022.

“What it will do is provide $42 billion dollars to restaurants that did not get a piece of the pie the first couple go-arounds on the restaurant revitalization fund,” said Castiglia.

The pandemic-raised Independent Restaurant Coalition helped lobby for this Act and Castiglia stated that, “This is crucial for restaurants that have been struggling.”

With rising costs and staffing shortages, the restaurant industry still has much to face. “The next step is the Senate…This is a crucial point and help that is desperately needed,” emphasized Castiglia.

The Senate must help the industry continue to overcome this hardship and it’s important to share your voice with your Senators to let them know, Castiglia noted.

Food is more than essential. It’s a critical part of our culture. Castiglia hopes it stays that way.

Follow us on social media for the latest updates in B2B!

Image

Latest

education sector
Education Sector Needs to Focus on Tailoring Solutions to Meet Student and Teacher Needs
October 4, 2024

The education sector is facing unprecedented challenges, with the pandemic further exposing long-standing issues like teacher burnout, mass exits from the profession, and the quest to find the right teaching tools. A recent National Education Association (NEA) survey found that 55% of educators are considering leaving the profession earlier than planned due to pandemic-related…

Read More
Ellendale AI
September 2024 Update on Applied Digital’s Cutting-Edge Ellendale AI Data Center
October 3, 2024

In the September update, we get an exciting sneak peek at the progress of the utility substation and three levels of Applied Digital’s Ellendale AI Data Center in North Dakota. This cutting-edge facility, spanning 363,000 square feet and built to handle a 100MW IT load, is designed to meet the intense demands of AI…

Read More
Community and belonging
Community and Belonging in the DisruptED World of Education
October 2, 2024

Creating a sense of community and belonging in education has never been more important, especially with online learning and AI-driven platforms reshaping the ways students engage with educational content. Research shows that a sense of purpose and belonging can significantly impact student success, improving both academic outcomes and overall well-being. With institutions navigating post-pandemic…

Read More
Demystifying Self-Funded Benefits Can Forge a New Path for Employers
October 2, 2024

Healthcare costs are skyrocketing in the U.S., placing significant pressure on both businesses and individuals. With health insurance premiums on the rise, businesses are searching for innovative solutions to manage these escalating expenses. As traditional fully-insured models become less sustainable, more employers are turning to self-funded benefits as a way to take control of…

Read More