Content Spotlight
Tech Tracker: How digital tech is capitalizing on the hot restaurant reservations market
Tock and Google now offer experience reservations; Diibs launches as a platform for bidding on last-minute reservations
Independent restaurant operators continue to manage a confluence of challenges, but January’s rent picture provided a thin silver lining relative to previous months.
According to new data from Alignable, 38% of small restaurants were delinquent on rent in January, versus 52% in December. January’s data was also more favorable than November’s (42%) and October (49%). Typically, December is a strong month for independent restaurant sales as more people are out and about shopping and celebrating. This may have created healthier cash flows for January's bills.