El Salvador: Food Service - Hotel Restaurant Institutional
Link to report:
The COVID-19 pandemic has highlighted the fragile nature of the tourism sector in El Salvador, which in 2020 closed with approximately $750 million in income, which is at least $1 million less than projections for foreign tourism and a 10-year set-back, according to some sector’s analysts. Latest data available shows that about 235 restaurants closed completely in 2020 and hotels estimated their losses at about $440 million. However, in 2021 the sector’s slow recovery began. El Salvador hosted the ISA World Surfing Games 2021, which attracted close to 500 athletes, generating significant clientele for the week at beach hotels near the competition area. Although Salvadorans are dining out more than in 2020, the recent spike in COVID-19 cases across the country may influence a shift towards an increased demand for delivery options.
