Germany: COVID-19 Triggers Structural Changes in the German Restaurant Sector
Propelled by COVID-19, Germany's restaurant sector is undergoing structural change. Five trends can be identified: 1) Delivery services will gain importance; 2) Chain restaurants invest in digitalization (apps for customers); 3) Automation in the kitchen and reduction of staff; 4) Chains will raise prices to invest; and 5) Small and independent businesses will be losers of this structural change.
Germany: COVID-19 Triggers Structural Changes in the German Restaurant Sector