How Inflation Affects the Hospitality Industry
Since the COVID-19 pandemic, inflation has hit virtually every business. Peaking at 9% in June 2022, inflation in the U.S. has now dropped back down to 2.4% as of March 2025, similar to prepandemic levels. However, the economic fallout of this period of increased inflation is still being felt. The hospitality industry, in particular, is still …
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