Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Hospitality group warns Spokane restaurants face shrinking margins, safety and cost pressures
Summary
Representatives of the Spokane chapter of the Washington Hospitality Association presented national and state restaurant financial data showing very low net margins (1.5% average in Washington), higher labor costs in Washington than national averages, and local concerns including crime, waste disposal costs and regulatory burdens.
Representatives of the Spokane chapter of the Washington Hospitality Association told the committee that local restaurants continue to face tight margins, higher labor costs and operational pressures coming out of the pandemic.
"What's shocking here is that this is the first time ever that we've been under 3% on our net margin," Derek Baziotis, representing the Spokane chapter, said while summarizing the National Restaurant Association's "Restaurant Dollar" report. He said…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
