Restaurants Report 100% Earnings Increase From Last Year

[snoop1130]

 

BANGKOK (NNT) - The Thai Restaurant Association has reported a 100 percent increase in restaurant revenue over the New Year holiday period compared to the same period last year.

 

Thaniwan Kulamongkhol, president of the Thai Restaurant Association, said the government’s decision to allow restaurants to remain open during the New Year break was a significant factor in revitalizing the restaurant industry. Another was street vendors and hawkers who closed their shops, which made restaurants more attractive for diners during the holidays.

 

Thaniwan said the data also indicated that Thais were not overly concerned about the Omicron coronavirus variant, believing dining out at restaurants to still be safe if precautions are taken. These include wearing face masks and practicing social distancing. The New Year is a time for people to let off some steam after working hard all year, especially under stringent COVID-19 restrictions.

 

The Thai Restaurant Association president acknowledged that while the higher numbers are good for the industry, public safety could be jeopardized if restaurant owners do not strictly follow disease control measures. She also expressed concern over whether sales would see a drop off if the COVID situation becomes more serious.

 

-- © Copyright NNT 2022-01-04

 

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[4MyEgo]

That won't last long.

[Petey11]

Wasn't a lot of places closed down just before Xmas last year?

[kotsak]

Yeap. if the place was under padlock then no wonder it's 100% up.

 

[madmitch]

Double <deleted> all is still <deleted> all in many cases!

[jak2002003]

3 hours ago, kotsak said:

Yeap. if the place was under padlock then no wonder it's 100% up.

 

That's just what I thought. If they were closed last year and earned nothing, then just opening now and getting 100 Baht would be counted as 100 % more earnings.  

[Gsxrnz]

100% up on 2020 implies 2020 was down 100% on 2019.

 

Muppets.

[Sydebolle]

A restaurant seating 80 diners with 2 guests average in 2020 will see a 100% increase if getting 4 guests nightly. Breakeven point is much much higher - depending on what is sold at what margins.

I just love the Thai calculation of increase, profit and wealth - you're welcome! This statistic is, like most other stuff from the present clowns in the circus, compiled by complete pr1cks! 

[rwill]

Compare it to 3 years ago for a better picture.

[hotchilli]

15 hours ago, snoop1130 said:

The Thai Restaurant Association has reported a 100 percent increase in restaurant revenue over the New Year holiday period compared to the same period last year

Last Christmas New year restrictions were somewhat different.

[mikebell]

100% more this last week than for the whole of 2021?