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Following the U.S. surgeon general's new advisory linking alcohol to seven different types of cancer, hotels are expanding alcohol-free offerings. Travel industry experts speak out.
The US restaurant industry was projected at $899 billion (~$1.04 trillion in 2023) in sales for 2020 by the National Restaurant Association, the main trade association for the industry in the United States. [2] [3] An estimated 99 percent of companies in the industry are family-owned small businesses with fewer than 50 employees. [4]
Despite these concerns, the hospitality industry’s job market is continuing to see positive growth. Moutray’s presentation showed that, by July 2024, employment in restaurants finally ...
In Delaware and Massachusetts, one in ten workers is employed in the restaurant industry. [6] [7] In North Carolina, 11% of workers are employed by the industry. [8] In Texas, 12% of workers were employed by the industry as of 2016. [9] The effect of the 2020 coronavirus epidemic was in March 2020 projected to be $225 billion in losses. [10]
It runs an annual restaurant and hospitality industry trade show in the US, in Chicago, and conducts research about the country's restaurant industry. [15] For instance, it states that the restaurant industry in the US in 2021 employs 14.5 million Americans (up from 12.5 million in 2012), with sales in 2021 at $799 billion (up from $632 billion ...
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The American Hotel Protective Association, founded in 1910 as a regional trade association in Chicago, [1] became the American Hotel Association in 1917. The AHA's first president, Frank Dudley, identified rapid expansion of the US hotel industry as vulnerable to a shortage of trained personnel which could not be filled by the then-common practice of recruiting European hotel workers.
But there’s still some serious momentum in one industry. America’s lucrative job market of recent years is now long gone, with the unemployment rate recently rising to its highest level since ...