Posh Eateries Uncork Deals in Downturn

By Neal Colgrass,  Newser Staff
Posted Mar 29, 2009 5:18 AM CDT
Posh Eateries Uncork Deals in Downturn
A 6.7% drop in US travel expenditures in 2009 is expected to affect some restaurants.   (Shutterstock)

High-end eateries are rolling out three-course deals and wine specials to lure America's hungry in hard times, CNN reports. "A year ago, to be honest, I didn't have to hit that three-course menu at $35 a head," said a Manhattan restaurateur whose business is down 20%. "Now you have to." Restaurants are faring better than some businesses, but upscale establishments—especially ones that rely on tourists—are taking it hard.

Sample deals at fine restaurants include $5 soups and 25% off bottles of wine. Some establishments have opted to keep old prices but offer more for the same cost, or simply eliminate add-ons like corkage fees. "That is something that has been wildly successful just getting people in the door," said a restaurant spokeswoman. "We figure if people don't need to pay for wine, they'll spend more on food."
(Read more restaurant stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.