Manhattan’s hotel restaurants used to be culinary extensions of their 5-star digs: luxurious dining experiences with the white-glove atmospheres to match. But recent years have been tough for the hotel restaurant business. Food and beverage profits fell by nearly 40 percent in the three-year period ending in 2017, according to the hotel data-tracking firm STR. F&B profits tumbled to just shy of $630 per available room that year – the most recent for which STR […]
source https://therealdeal.com/2019/04/03/union-wages-are-taking-a-huge-bite-out-of-hotel-restaurant-profits/
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