Connect with us

Executive Voice

COVID-19 Is Causing Chaos in the Restaurant Industry For Most But Not For George Aboujaoude

There have already been over 110,000 restaurant closings since March, which was only nine months ago. Estimates see over 500,000 restaurant businesses significantly affected by all of the lockdown mandates and state-at-home measures imposed on the restaurant and hospitality industry. With big names like Starbucks, Subway, and Burger King all closing down locations, while others like Ruby Tuesday and Friendly’s filing for bankruptcy, the effects are dire. From the looks of it, it sure has been a devastating year for many restaurants.

Even though the COVID-caused chaos is affecting most in the industry, some have found a way to adapt and survive. While they are few in number, they stand to gain more market share due to the failings of their competitors. The future of the restaurant industry will look a little different than how it does today. For example, there are likely to be enhanced safety measures like UV portals that will disinfect people as their walk through the doors of dining establishments. Also, AI-assisted technology may remotely monitor employees to make sure they are following proper sanitation protocols while at work. Additionally, contactless delivery options will skyrocket for those restaurants that will survive the current blood math.

Restaurant owner George Aboujaoude has been in the restaurant business from a young age. His parents owned a restaurant for nearly 30 years, and George himself established his first of several restaurants in 2007 called Cafeteria Boston. He went on to open the internationally-celebrated Bijou Night Club in 2011, Committee in 2014, and Greco in 2018. He is also gearing up to open a new venue that will be located in the heart of Boston. What is interesting is that George has been making some big business moves during the height of the COVID-19 pandemic.

Not fully immune to what has been going on, George has had some downtime to review his business plan. He has figured out a way to successfully adapt to the times. He is also someone who knows how to spot a golden opportunity when one exists. That is why he has leased a new space in Boston for the new venue he plans on unveiling soon. Landlords are currently having a fire sale on lease agreements, offering extraordinary deals for spaces that are mostly vacant right now. They would rather get some income than no income at all.

As a leaseholder, George is taking advantage of setting up something that will be able to weather storms like the current brutal one. Boston is known as a great market to be in right now, which is why he is developing all of his businesses there. He is optimistic about the long-term prospects for him within the industry, but he acknowledges that there are going to be a few changes. Still, George is someone who welcomes change and knows how to adapt when the need arises.

George recommends other restaurant owners reflect on their operations and business model. Revamping and having flexibility will ensure they will not only survive these challenging times, but also thrive even more than before.

Social Media Marketing agent with 6 years of sales experience. I work really hard to get my clients the best representation to further their businesses or media platforms. Contact me if you are interested in publishing full features for our clientele.


Become A Crypto Expert

Join Disrupt Magazine

Become A Disrupt Contributor

Most Disruptive

Executive Voice6 hours ago

Unoma Okorafor: How the Woman Entrepreneur is Paving the Way for Others Through Her Own Inspirational Journey

Unoma Okorafor is the founder of Herbal Goodness, a health and wellness company that has become the number one supplier...

NFT2 weeks ago

Polly Kole, The Beauty With Gifted Hands Tycoon Of NFT Sculptures

In a society full of stereotypes, people clinging to appearance and disregarding one’s achievements is the magnificent Polly Kole stunning...

News1 month ago

Spider Man; No Way Home’, Crushes Box Office Estimates Generating A Mammoth $253 Million In North America.

After only 3 days in the cinemas, the latest and last Spidey outing disrupted the international market as the highest-grossing...

Cryptocurrency1 month ago

Nike just bought a virtual shoe company that makes NFTs and sneakers ‘for the metaverse’

Nike, the sportswear mogul, recently stunned the globe as it moved into the realm of the metaverse industry and blockchain...

QR code screenshot QR code screenshot
Diversity in Tech2 months ago

BTC did 62% more in transactions than PayPal this year

MasterCard and Visa have always topped as the runaway leaders; however, Bitcoin’s Lightning Network will soon disrupt this norm. Starting...

high angle photo of person holding turned on smartphone with tall buildings background high angle photo of person holding turned on smartphone with tall buildings background
Social Media2 months ago

How to Organically Grow Your Social Media Following In 2022

Instagram On Instagram, use Reels to reach new audiences and grow – find popular sounds and use them in your...

gold-colored Bitcoin gold-colored Bitcoin
Cryptocurrency2 months ago

Julio Domenech On How Banks Can Engage In Bitcoin in 2022

As cryptocurrency continues to become a popular trend in the US, many people are looking for an opportunity to participate...

Diversity in Tech3 months ago

Microsoft Teams, Incorporating New 3D Avatars And Virtual Meeting Spaces Before Mid 2022

Microsoft Mesh has always led as the future of Microsoft Teams meetings. However, Meta, the newly launched Facebook company, is...

Health + Fitness3 months ago

Stephen Campolo – How A Former Fat Kid Transformed His Body And Is Now Helping Others Do The Same

UPDATE: During a recent interview with Yahoo! News, Stephen revealed that he will be speaking at the next Disrupt Puerto...

News3 months ago

Facebook Goes Meta As It Scales Up Beyond Just Social Media

Thursday 28 September 2021, Mark Zuckerberg, the CEO of Facebook, announced Metaverse, a brand for users to interact in virtual...


Copyright © 2020 Disrupt ™ Magazine - Disrupt is a Minority Owned Privately Held Company

Disrupt ™ is the voice of Latino entrepreneurs around the world. We are part of a global movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities around the world. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.