We’ve often talked about how the pandemic has completely changed how we live our lives, but as we survey the damage, no sector has been hit as hard as the restaurant industry. As stay-at-home and quarantine orders were issued to stop the spread, the hospitality sector was eviscerated. From closures to millions of lost jobs, the restaurant industry has been forever changed by COVID-19.
But as they say, “you can’t keep a good dog down.”
The restaurant sector is starting to thrive once again. Hiring is up, sales are starting to boom, and in-person dining is becoming the norm. With vaccine rollouts and continued economic growth overall, there are more gains to be had in the sector. For income seekers, strong names could become major dividend players once again.
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