Is Affordable Housing Still a Safe-Haven Investment?
Kairos Investment Management Co.’s Jonathan Needell makes the case for affordable housing investments in the face of heightened economic...
December 9, 2020
There is some debate about ghost kitchens.
Some think they are mostly a product of the pandemic and have an uncertain future. To others, they’re the wave of the future.
Technomic, a management consulting firm for the foodservice business, projects that sales from ghost kitchens will rise by a projected 25% each year for the next five years in the US, according to Restaurant Business Online. Eventually, they’ll hit an estimated $300 million in yearly sales.
In its “Post Pandemic Playbook,” Technomic sees an acceleration in ghost kitchens. “Today, nearly every restaurant is a ‘ghost kitchen’ that provides only off-premise product. As the industry resets, more companies may decide to eliminate the dining room altogether to capitalize on longer-term, off-premise trends,” it says in the report.
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