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Washington Hospitality Association — Impact of COVID-19 Closures on Hospitality Industry

Summary

Slides titled Impact of COVID-19 closures on Hospitality Industry, presented by Anthony Anton, CEO of Washington Hospitality Association. The slides state that the average hard costs for a restaurant in Washington are $25,000 and that the average restaurant owner loses $25,000 for every month they are completely closed. They state that take-out only averages 10% of prior sales, still resulting in over $20k in average monthly losses. The slides also state that New York found 1.4 percent of cases connected to restaurants, and that Washington state's contact tracing data found less than 1% of cases coming from restaurants.

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“Washington Hospitality Association — Impact of COVID-19 Closures on Hospitality Industry.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-01-19-a28181-d224766-wha-impact-of-covid-19-closures-ppt-c35cbd027e/, SHA-256 533aaede7daff1f7ca8238af75157fde1037c9e375e42016cc7900efc36eecdd.

Full text

Washington Hospitality Association

Impact of COVID-19 closures on
     Hospitality Industry
Presented by Anthony Anton, CEO of Washington Hospitality Association
                           FIXED COSTS                                                 Monthly
                           Restaurant Occupancy Costs                                        7,154


  It costs the             Direct Operating Expenses
                           Administrative Expenses
                                                                                             3,066
                                                                                             4,088

    average                Utilities
                           Cap Ex & Interest
                                                                                             3,066
                                                                                             3,066

   restaurant              Repairs & Maintenance                                             1,533


$25,000 to stay
                           Fees and Contract Obligations unrelated to above                  1,533

                           Covid Hard Cost                                                   1,533
                                                                                       25,040
  closed for a                   Ave. Fixed Costs for a Full Service Restaurant


     month         The average hard costs for a restaurant in Washington, including everything from licensing
                    to lease payments, is $25,000
                   That means the average restaurant owner loses $25,000 for every month they are
                    completely closed.
                   Take-out only averages only 10% of prior sales, still resulting in over $20k in average
                    monthly losses.
               Washington has among the strictest COVID-19 restaurant guidelines
                in the nation
               45 other states allow indoor dining
               New York state, which has collected the most data on the spread of
                COVID-19 of any state in the nation, found just 1.4 percent of cases
We know we      were connected to restaurants.

can operate    This matches Washington state’s own contact tracing data, where epi-
                link tracing data found less than 1% of cases coming from restaurants
safely         A well-regulated restaurant can provide a safe place to gather —
                rather than driving people to gather privately without safety
                precautions, which accounts for the majority of the spread.
                 People need a safe regulated outlet, we have proven
                 we can provide it.

                                    Deaths in December Per 100k
                                By Capacity in Mask Mandated States
The bell curve                                      US Average 22.5
of capacity                Closed Indoor Dining States (7 states) 25.2
                              25% Indoor Dining States (6 states) 23.3
                             50% Indoor Dining States (14 states) 18.7
                           60-75% Indoor Dining States (4 states) 21.5
                            100% Indoor Dining States (10 states) 28.7

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