There is no question the hospitality sector has been hit the hardest by the COVID pandemic. One of Vancouver's most prominent restaurant CEOs joins Cory this week to discuss the challenges the industry has had to overcome to survive and what the future of the business looks like.
The Glowbal Group operates 10 locations that are some of the premiere restaurants in the Greater Vancouver area; their CEO Emad Yacoub discusses how they survived losing more than $110,000 per day, managed a payroll of over 900 employees when the COVID shutdown hit, and what the Glowbal Group has in store for the future. The former Restaurateur of the Year provides his insight of what is next for the industry and what challenges still lie ahead while shedding some light on when he expects sales to get back to pre pandemic levels.
This is a must-listen episode, as the hospitality sector is one of the largest employers in the province and the lifeblood of the downtown Vancouver scene!
Vancouver Commercial Real Estate Podcast