About 40% of the restaurant and hotel business in Moscow may be transferred to new owners due to the consequences of the coronavirus pandemic, the Moscow Commissioner for the Protection of the Rights of Entrepreneurs Tatyana Mineeva told TASS on Wednesday. "If we talk about the hospitality industry, in particular the restaurant and hotel business, it is expected that up to 40% of the business will not survive. It doesn't mean that it will die off, it just means that the current owners will not be able to continue with it. For example, in shopping centers restaurants can go to the owners of these shopping malls," she said. This forecast is due to the. Read more...
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