![]() Several factors are contributing to this. Rounding the corner of 2024, one thing seems clear: The price of going out to dinner - with main courses inflating to a $30 to $50 range, and the cost of a drink around $20 - isn’t going to dip anytime soon. It could mean that this year will be as tough as the past few, with a slew of more than 20 closings and counting already in January. ![]() The restaurant industry hasn’t entirely bounced back to what it was pre-pandemic, with ripple effects leading to rising rents, supply chain problems, and a labor shortage that have all translated to higher prices for diners.
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