Getting by on a survival diet

  • 2010-03-17
  • By Alina Lisina
RIGA - The global financial crisis hit the restaurant business in Latvia hard - turnover in 2010 is down by 30 – 40 percent compared to 2009, and many restaurants have been forced to close. According to The Association of Hotels and Restaurants data, at least 1,500 restaurants were closed in the past year around Latvia. Only several hundred new ones opened. Today, a trip to the restaurant always starts with the question: is it still open? Indeed, survivors are only those who managed to adapt to the new, tough rules of the market. And to those which provided high quality service ...
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