A recent Minnesota tourism and hospitality industry survey addressing late 2020 business impact shows nearly two-thirds of all respondents reported the business to be significantly lower compared to 2019.
“So really there’s a very negative response in terms of what’s going on with the industry. Our industry the hospitality industry is really facing some very difficult challenges, probably even more so than any other industry within the state.”
Explore Minnesota CEO Jon Edmand says if things don’t turn around more than half of businesses could face solvency issues in the next four to six months.