Retailers, Hotels and Restaurants Pounded by Disruption
Up and down California, and throughout the nation, no industry class has been harder hit by the escalating Covid-19 mitigation efforts than the hospitality, retail and related service sectors.
As real estate owners, operators and tenants grapple with the reality of immediate compliance through closures, decisive action and agreement of emergency conditions and merit, what’s to follow on the economic front is front and center in a massively disrupted market.
If recent forecasts are to be believed, survival through this period with a look to a strong year-end is a primary concern for these impacted industries.
Understanding the fear, mitigating the pain and constructively prioritizing the safety net for the future rebound requires ever-relevant institutional discipline and rapidly identifying key areas of concern requiring action and planning. A few enlightening articles from recent days include: