14 Apr, 2020 @ 20:14
1 min read

Restaurant owners in Spain’s Malaga estimate a loss of €270 million so far and 80,000 people in the industry without jobs due to the coronavirus

A Waitress Carries Chairs After The Town Hall Decreed The Closure Of The Terraces In Madrid
A waitress carries chairs after the town hall decreed the closure of the terraces in Madrid, Spain, March 13, 2020. REUTERS/Juan Medina

RESTAURANT owners in Malaga estimate that there has been about €270 million in losses and 80,000 people in the industry without jobs.

The bar and restaurant sector accounts for about 30% of all the ERTEs in Andalucia.

The restaurant association in the province of Malaga believes it will be at least six months before the situation returns to normal and customers go back to the numbers they were before.

The industry will be the last to recover, due to the absence of tourists and the need for social distancing, even when other businesses return to work.

Coronavirus hit at a devastating time, as the high season was about to start, with Easter just around the corner.

Many businesses had spent a lot of money on preparing for the upcoming influx of tourists, by renovating and stocking up on supplies, only for that not to happen, which has now caused huge losses.

Juan Manuel Buri, one of the owners of Casa Lola spoke to the Diario Sur and said that European countries will follow in the footsteps of China, where life still hasn’t returned back to normal.

“2020 is already lost, I would settle for not losing more money for the rest of the year.”

Dimitris Kouimtsidis

GOT A STORY? Contact me now: dimitris@theolivepress.es or call +34 951 273 575 or +44 75 358 167 18. Twitter: @dkouimtsidis.
Dimitris has a BA in History from the University of Leeds and an MA in Journalism (Sports) from the University of Lincoln.
He joined the Olive Press team as a journalist in January 2020.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Cm With Cbf
Previous Story

Elderly to be locked down for one more month in Gibraltar on COVID-19 concerns

Moilna Hash
Next Story

Unlucky pair arrested for flouting lock-down rules, then see sizeable stash of hash and cash seized, too

Latest from Food & Drink

Go toTop

More From The Olive Press