SCRAMBLE: BREAKING: Minnesota’s hospitality industry ‘on the brink of no return’
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SCRAMBLE: BREAKING: Minnesota’s hospitality industry ‘on the brink of no return’
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Minnesota’s nearly $9 billion hospitality industry “is on the brink of no return,” according to a new report warning that years of mounting regulation and economic uncertainty threaten to decimate a key part of the state’s economy.
The new survey from Hospitality Minnesota found that only a third of restaurants, hotels and other tourism businesses expect a better spring than last year. In contrast, nearly three-quarters expected a better spring in 2021.
“We’ve not recovered since the pandemic,” said Angie Whitcomb, Hospitality Minnesota’s president and CEO. “We are at a point now where it is dire and we’re starting to see the effects of this.”
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