Not all restaurants will survive this week's snap lockdown, warns a long-time Auckland hospitality operator. Vivace restaurateurs Eugene Gibson (left) and Mandy Lusk say they lost $10,000 a week during the last lockdowns. While some suburban restaurants were trading extremely well, that appeared to be at the expense of the CBD. Photo / Dean PurcellKrishna Botica, co-owner of Cafe Hanoi, Saan and Xuxu restaurants, described summer trading results as "brutal", particularly for inner-city businesses. I can't think of many restaurants that have got enough cash flow to get through another two weeks of soft trading."

Source: New Zealand Herald February 15, 2021 01:07 UTC