How the crisis is affecting Guatemalan restaurants
The industry is facing a drop in sales at an average of 20% and changes in consumption habits.
Wednesday, January 14, 2009
Business owners of several restaurants shared their impressions, perspectives and some strategies on how to deal with the crisis with the El Periodico newspaper in Guatemala.
The average sales have dropped between 10 and 15%. A drop of up to 40% was registered according to a report by the Restaurant Association.
The franchise, which had nine restaurants, abruptly stopped its operations after accumulating $2 million in losses.
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