{"id":113309,"date":"2021-04-30T21:17:11","date_gmt":"2021-04-30T21:17:11","guid":{"rendered":"https:\/\/fin2me.com\/?p=113309"},"modified":"2021-04-30T21:17:11","modified_gmt":"2021-04-30T21:17:11","slug":"americas-economic-comeback-is-underway","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/americas-economic-comeback-is-underway\/","title":{"rendered":"America&#39;s economic comeback is underway"},"content":{"rendered":"<p><cite>New York (CNN Business)<\/cite>Across the country, Americans are getting vaccinated. States and cities are loosening pandemic-related restrictions. And people are heading back to restaurants.<\/p>\n<p>According to OpenTable, which has been keeping tabs on the industry using data from the restaurants that employ its reservations platform, the percentage of seated customers at US<strong> <\/strong>restaurants open for reservations is hovering just below pre-pandemic levels.<br \/>\nOpenTable is tracking the number of seated diners compared to the same period two years ago. For example: If 100 people made reservations at a restaurant on this day<strong> <\/strong>two years ago, and only 50 did today, the seated diner level would be 50%. <\/p>\n<ul><\/ul>\n<p><img decoding=\"async\" alt=\"A waiter at serves guests dining outside in San Francisco.\" class=\"media__image\" src=\"\/\/cdn.cnn.com\/cnnnext\/dam\/assets\/210430103536-us-dining-out-0402-large-169.jpg\"><br \/>\nRecently, the number has been relatively high. With some dips and spikes along the way, the percentage of diners compared to 2019 rose from 75% on March 1 to 87% on April 29. On Saturday, for example, US seated diners reached 97% of 2019 levels.<\/p>\n<ul><\/ul>\n<p>Some states, like Florida and New Jersey, have been at 100% in recent days, according to the data. OpenTable is measuring markets with 500 or more restaurants on the platform and in which at least 10% of restaurants are taking reservations. <\/p>\n<p>Katie Nguyen, a spokesperson for OpenTable, declined to specify the sample size of restaurants tracked, noting in an email that the number changes as restaurants reopen.<\/p>\n<p>OpenTable CEO Debby Soo told Bloomberg TV in an interview on Wednesday that as soon as cities or states announce looser dine-in restrictions, OpenTable begins to see future reservations in those areas rise. &#8220;Dining is coming back, and it is coming back strong<strong>,<\/strong>&#8221; Soo said.<br \/>\nRestaurant chains are also reporting signs of a recovery.<br \/>\nAt <span>Starbucks<\/span> <span>(<span>SBUX<\/span>)<\/span>, sales at restaurants open at least 13 months jumped 9% in the first quarter of the year. The results pointed to a &#8220;full sales recovery&#8221; in the United States, CEO Kevin Johnson said in a statement earlier this week. <span>McDonald&#8217;s<\/span> <span>(<span>MCD<\/span>)<\/span> also saw sales spike in the first quarter.<br \/>\nAnother encouraging sign? Industry jobs are coming back: Restaurants and bars added about 176,000 jobs in March. Chains have announced major hiring events, and smaller restaurants say they&#8217;re desperately looking for employees. <\/p>\n<ul><\/ul>\n<p>The demand is good news for restaurants open today. But not every restaurant made it through the pandemic.<br \/>\nOpenTable data shows that about one in four restaurants have closed for good, Soo said in the interview. Over the summer, a Yelp report found that 60% of restaurants marked as closed on the platform during the pandemic were shut down permanently.<br \/>\nSource: <a href=\"https:\/\/edition.cnn.com\/2021\/04\/30\/business\/opentable-restaurant-recovery\/index.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (CNN Business)Across the country, Americans are getting vaccinated. States and cities are loosening pandemic-related restrictions. And people are heading back to restaurants. According [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":113308,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>America&#039;s economic comeback is underway - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/americas-economic-comeback-is-underway\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"America&#039;s economic comeback is underway - Fin2me\" \/>\n<meta property=\"og:description\" content=\"New York (CNN Business)Across the country, Americans are getting vaccinated. 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