Some catering enterprises in Latvia saw a revenue decline of 10–30% in the first two months of this year compared to the same period last year, reported LETA, citing the head of the Latvian Restaurant Society (LRS) Janis Yenzyis.
He noted that the decline in revenue in the first two months of 2026 is related to the small number of tourists, cold weather, rising energy prices, and the impact of inflation.
Yenzyis pointed out that at the beginning of the year, some catering enterprises closed, so political will and support measures are necessary.
At the same time, he noted that catering enterprises in rural areas are also in a difficult situation, and overall, March looks quite bleak, as there will still be no tourists.
Commenting on the growth of fast-food companies in Latvia, Yenzyis noted that in the economic segment, such enterprises fare better in all crisis situations, while lifestyle-format restaurants and cafes fare worse.
"Therefore, active government participation is necessary so that Latvia does not have to hear about the closure of another restaurant in the near future," emphasized the head of the society.
LETA has already reported that in January of this year, the restaurant and bar "Barents," included in the international gastronomic guide "Michelin Guide," as well as the seafood restaurant "Tails," were closed.
The Latvian Restaurant Society was founded in late 2017 to protect Latvian restaurants and enhance their competitiveness.
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