Skip to content
  • Order Now
  • Subscribe
  • Restaurant Directory
  • News
  • Videos
St. Louis Restaurant Review

St. Louis Restaurant Review

St Louis Restaurant Reviews & News

  • Home
  • Order Online
  • News
  • Directory
    • Brewery Guide
    • Music Venues
    • Missouri Wineries
  • Media
    • Picture Gallery
    • Videos
    • Submit/Create Video
  • eOrderSTL
    • How to increase restaurant sales
  • Contact
    • Services
    • Subscribe
    • About
    • Sitemap
  • Toggle search form
  • How to Successfully Operate a Restaurant
    How to Successfully Operate a Restaurant News
  • Cracker Barrel Fiscal 2022 Second Quarter Conference Call
    Cracker Barrel Fiscal 2022 Second Quarter Conference Call News
  • Red Lobster 9838 Watson Rd Closes Permanently
    Red Lobster 9838 Watson Rd Closes Permanently News
  • Weymouth Restaurant Owner to Pay $345,000
    Weymouth Restaurant Owner to Pay $345,000 News
  • BigStock Red Robin Restaurant Sign
    Red Robin Celebrates Veterans Day 2021 News
  • BBQ ASAP
    BBQ ASAP Press Releases
  • Eight New Members to St. Louis Restaurant Directory - 9-15
    Eight New Members to St. Louis Restaurant Directory – 9-15 News
  • San Jose Mexican Restaurant to Open in Ellisville, MO
    San Jose Mexican Restaurant to Open in Ellisville, MO News
National Restaurant Association - Replenish COVID Fund

National Restaurant Association – Replenish COVID Fund

Posted on January 24, 2022January 24, 2022 By Editor

Omicron Variant Hit Restaurant Industry Hard; Replenishing the Restaurant Revitalization Fund Forecast to Save 1.6 Million Jobs

A new survey from National Restaurant Association shows 900,000 jobs saved with the first round of RRF Funding.

WASHINGTON, DC (StLouisRestaurantReview) The National Restaurant Association today released new survey data highlighting the devastating impact the omicron variant has had so far and the positive impact the Restaurant Revitalization Fund (RRF) had on the industry.  In a letter to Congress, the Association highlighted that the survey shows that the first round of RRF funding saved more than 900,000 jobs and helped 96% of recipients of a grant stay in business.

In addition, the survey found:

  • Nearly 50% of restaurant operators that did not receive RRF grants feel it’s unlikely that they will stay in business beyond the pandemic without a grant.
  • 94% of restaurant operators that applied for an RRF grant, but did not receive funding, said a future grant would enable them to retain or hire back employees.

“This highlights how impactful RRF replenishment would be.  Our own estimates indicate that replenishing the RRF would save an additional 1.6 million restaurant jobs,” said Sean Kennedy, executive vice president for Public Affairs at the National Restaurant Association.  “The RRF was a critical lifeline to many, but far more remain on the sidelines, desperately looking for support amidst continued economic uncertainty.  The decisions you make in the coming weeks will be critical toward the future of the restaurants that are so proud to serve your communities.”

The restaurant industry was hit hard by the latest surge of COVID-19 cases caused by the omicron variant.  Forced to adapt to deteriorating consumer confidence, restaurants reduced hours/days of operation, cut seating capacity, and shut down, pivoting to off-premises dining, with the end result being lower sales volumes in 2021 than in 2019.

According to the survey, we know:

  • 88% of restaurants experienced a decline in customer demand for indoor on-premises dining because of the omicron variant.
  • 76% of operators report that business conditions are worse now than three months ago.
  • 74% say their restaurant is less profitable now than it was before the pandemic.

“The new data show that restaurant recovery is paralyzed and nowhere near complete.  The restaurant industry is at an inflection point, and we need your leadership now more than ever.  Congress must act now to replenish the RRF in the upcoming legislative package to fund the government,” said Kennedy in the letter.

On Monday, January 24, 2021, at noon ET, the Association will be joined by two small business restaurant operators at a press conference to discuss how replenishing the RRF would impact their businesses and their employees.  Kennedy will also be joined by Hudson Riehle, senior vice president of Research for the Association, to provide the latest overview of the state of the restaurant industry.  For more information about the press conference, email media@restaurant.org.

Read the full letter to Congress here.

The National Restaurant Association Research Group conducted the COVID-19 Restaurant Impact Survey of 4,200 restaurant operators on January 16-18, 2022.  Read the report of key findings here.

News Tags:national restaurant association, washington dc

Post navigation

Previous Post: How to Start a Ghost Kitchen for Online Ordering – Delivery
Next Post: DOL to increase enforcement action

Related Posts

  • The Greek Kitchen - Kirkwood, MO
    The Greek Kitchen added to Restaurant Directory News
  • St Louis Restaurants Added to STL Restaurant Directory - August 9
    St Louis Restaurants Added to STL Restaurant Directory – August 9 News
  • Hot Shots Sports Bar - Maryland Heights - Recent Health Inspection
    Hot Shots Sports Bar – Maryland Heights – Recent Health Inspection News
  • Dave's World Famous Bar - Recent Health Inspection Report
    Dave’s World Famous Bar – Recent Health Inspection Report News
  • Broadway Oyster Bar - Upcoming Week Live Music Schedule
    Broadway Oyster Bar – Upcoming Week Live Music Schedule News
  • Red Lobster® Sweetens Valentine's Day with a Flowery Deal
    Red Lobster® Sweetens Valentine’s Day with a Flowery Deal News

More Related Articles

Pizza Inn Adds Unlimited Stuffed Crust to the All Day Every Day Buffet Pizza Inn Adds Unlimited Stuffed Crust to the All Day Every Day Buffet News
J. Smugs GastroPit Opens in Ellisville J. Smugs GastroPit Opens in Ellisville News
Tripadvisor - best restaurants in the U.S. & worldwide Tripadvisor – best restaurants in the U.S. & worldwide News

Video Gallery

Online Ordering – eOrderSTL

Online Restaurant Menu Distribution & Management

Featured Online Ordering

  1. Candicci’s Restaurant – Ballwin
  2. Dao Tien Bistro – St. Louis
  3. Pearl Cafe – Florissant
  4. Sweetie Cup Thai Cafe – Kirkwood
  5. Tradicional 314 – Creve Coeur
  6. Thai Kitchen – 4 Locations
  7. Viet Thai Restaurant – St. Peters

Information for Restaurants

eOrderSTL

Social Media & Syndication Partners

  • Google Business Page
  • Facebook
  • Twitter
  • Pinterest
  • YouTube
  • Blogarma
  • Flipboard

St. Louis Caterers

STL.Catering - Online Ordering for Catering
Find the best caterers in the St. Louis region.

Restaurant Digital Services

Restaurant Marketing Services

Restaurant Directory

St Louis Restaurant Review

St. Louis County Restaurant Health Inspections

St. Louis County Restaurant Health Inspections
St. Louis County Restaurant Health Inspections

Relevant Links

  1. St. Louis City Restaurant Inspections
  2. St. Louis County Restaurant Inspections
  3. St. Charles County Restaurant Inspections
  4. How to increase restaurant sales
  5. Submit Guest Post
  6. National Restaurant Association
  7. Missouri Restaurant Association

Categories

  • Entertainment
  • Guest Posts
  • News
  • Press Releases
  • Reviews

Contact

STL.News, LLC
17005 Manchester Rd
Wildwood, Missouri 63040

Marty Smith – Editor in Chief
Email: Marty@STLMedia.Agency
Phone: +1 314-808-1870

Kevin Amant – Business Manager
Email: KAmant187@gmail.com
Phone: +1 314-803-8727

  • BBQ ASAP
    BBQ ASAP Reviews
  • Steve's Hot Dogs
    Steve’s Hot Dogs – On The Hill Reviews
  • Top-10 Restaurants in Soulard - 1/2022
    Top-10 Restaurants in Soulard – 1/2022 Reviews
  • Top-10 Korean Restaurants in St. Louis
    Top-10 Korean Restaurants in St. Louis Reviews
  • Best Fine Dining Restaurants in St. Louis for Valentine's Day 2021
    Best Fine Dining Restaurants in St. Louis for Valentine’s Day 2021 Reviews
  • Top-10 Wine Bars in St. Louis
    Top-10 Wine Bars in St. Louis Reviews
  • Asian Corner, Valley Park, MO
    Restaurant Review – Asian Corner in Valley Park, Missouri Reviews
  • Top-10 Asian Restaurant in St. Louis for October 2021
    Top-10 Asian Restaurant in St. Louis for October 2021 Reviews

Contact

St. Louis Restaurant Review
17005 Manchester Rd
Wildwood, MO 63040

Phone: +1 417-529-1133
Email: Marty@STLMedia.Agency

Partners

  • STL.News
  • STL.Directory
  • WebTech Group
  • UltimateHost.Domains

Online Ordering

  • Place Orders
  • Offer Online Ordering at Your Restaurant
  • Other Restaurant Services
  • Contact Us

Copyright © 2021 STL.News, LLC d.b.a. St. Louis Restaurant Review -

Powered by PressBook Premium theme