Episode Details

Back to Episodes
SCRAMBLE: BREAKING: Minnesota’s hospitality industry ‘on the brink of no return’

SCRAMBLE: BREAKING: Minnesota’s hospitality industry ‘on the brink of no return’

Episode 2692 Published 3 weeks, 1 day ago
Description

Minnesota’s nearly $9 billion hospitality industry “is on the brink of no return,” according to a new report warning that years of mounting regulation and economic uncertainty threaten to decimate a key part of the state’s economy.

The new survey from Hospitality Minnesota found that only a third of restaurants, hotels and other tourism businesses expect a better spring than last year. In contrast, nearly three-quarters expected a better spring in 2021.

“We’ve not recovered since the pandemic,” said Angie Whitcomb, Hospitality Minnesota’s president and CEO. “We are at a point now where it is dire and we’re starting to see the effects of this.”

ALSO: (Courtesy of Alpha News and Liz Collin)

EXCLUSIVE: Spending on nonprofits has doubled in a decade in Minnesota’s most-populated county, says entrepreneur

"I think that people, as they've learned more about how those tax dollars have been wasted and defrauded, they're surprised at first and I think there just comes to be this point of, candidly, just a little bit of anger," said Kevin Peterson.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us